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Bitcoin

Bitcoin Price Outlook: $100,000 Target on a Big Technical Breakout

A classic technical "cup and handle" chart pattern is playing out for bitcoin, and it suggests 40% upside if a breakout occurs.

By: Business Insider
  • Jun 08 2024
  • 33
  • 5119 Views
Bitcoin Price Outlook: $100,000 Target on a Big Technical Breakout
Bitcoin Price Outlook: $100,00
The price of bitcoin could surge 40% to $100,000, according to technical analyst JC Parets. Parets said the longer bitcoin is trading above $70,000, the more likely it is to breakout. "I think if it's got a 70 handle, if you're above 70, I think you ... [2611 chars]

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