BTC, Gold, and the S&P 500 are all showing a bullish Cup & Handle formation, a rare alignment across major asset classes indicating potential upside.
Gold and the S&P 500 have successfully broken out of the formation and hit their technical targets.
Bitcoin is currently at a critical stage, completing the handle portion and poised for a breakout towards $200,000 if it follows the pattern of Gold and the S&P.
The alignment of these major asset classes displaying the same pattern could signify significant macroeconomic shifts or liquidity expansions in the future.