Bitcoin is forming a bullish Cup & Handle pattern, historically signaling major breakouts, with a potential target of $200,000.
Gold and the S&P 500 have also confirmed similar patterns, reaching new highs and boosting confidence in Bitcoin’s setup.
The alignment of this pattern across crypto, metals, and equities may reflect broader macroeconomic shifts like liquidity expansion.
Bitcoin's potential breakout could shape market sentiment beyond the cryptocurrency sector and attract institutional attention, impacting global assets.