The Bitcoin cup and handle pattern continues to influence market strategies, with a potential target of $126,107.Crypto influencer Marty Party predicts notable price movement based on the convergence of this trend with the approaching US election.There is a 10-20% chance of a sharp correction before the price increase, known as a 'final flush,' which might clean long positions.Bitcoin's performance is also influenced by macroeconomic factors, such as the rise in Chinese stock markets diverting money away from BTC.