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TronWeekly

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Bitcoin Bullish Pattern Signals a Potential Rally to $340,000 

  • Bitcoin has formed a major 3-year cup-and-handle pattern, with a successful retest around $76,000 and a rally up to $113,000.
  • Maintaining support between $91,000 and $100,000 is crucial for Bitcoin to potentially reach the $340,000 target in 2025.
  • BTC is in a pivotal phase with predictions of an uptrend towards $340,000 by 2025, supported by the bullish cup-and-handle formation.
  • Current BTC price is at $104,889, showing a 0.7% increase in the last 24 hours, aiming to climb back to $111,970 to eliminate downward pressure.

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