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Completion of This Chart Pattern Could Send BTC to $220K, Says Analyst

Completion of This Chart Pattern Could Send BTC to $220K, Says Analyst

Sen told his 270,000 X followers on Thursday that Bitcoin has just completed a multi-year cup-and-handle pattern with a breakout and perfect retest. This structure, which took years to build, has now been confirmed, he added.

“Cup-and-handle breakouts don’t move 20%, the move hundreds of percent,” he said before making a bold price prediction.

“The launch is next … $220K is the minimum target.” Previous Patterns Ended in Big Breakouts The cup and handle is a classic bullish continuation pattern in technical analysis. It resembles a teacup on a chart, and a breakout above the handle’s resistance often signals strong upside, with a measured target equal to the cup’s depth added to the breakout point.

I’M SORRY, BUT NOBODY IS TALKING ABOUT WHAT BITCOIN JUST DID. MULTI-YEAR CUP AND HANDLE. COMPLETE. BREAKOUT. DONE. PERFECT RETEST. DONE. STRUCTURE CONFIRMED. DONE. THIS PATTERN TOOK YEARS TO BUILD. AND NOBODY NOTICED. CUP AND HANDLE BREAKOUTS DON’T MOVE 20%.

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