menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitcoin Fo...
source image

Coindoo

1M

read

160

img
dot

Image Credit: Coindoo

Bitcoin Forms Cup & Handle as Gold and S&P 500 Hit Targets — $200K in Sight?

  • 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.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app