☕ Bitcoin’s Cup-and-Handle Pattern Spotted — Is the $300K Target Still Alive?

Bitcoin just hit a new all-time high of $111,970, and analyst Gert Van Lagen says the cup-and-handle formation is pointing to even bigger moves ahead — possibly up to $300,000.

The Setup:

• Pattern Formed: 2021–2024

• Cup: Formed from the 2021 ATH (~$69K) through a rounded bottom

• Handle: Recent consolidation in early 2024

• Breakout: Confirmed once BTC pushed past the $69K resistance

Why It Matters:

The cup-and-handle is a classic bullish continuation pattern. Historically, breakouts from this formation can lead to exponential rallies — and BTC is now riding that wave.

Van Lagen projects:

• Linear target: $120K–$130K (short-term)

• Exponential potential: $300K, based on historical growth patterns (100x from 2013–17, 21x from 2018–21)

Fueling the Fire:

• Spot Bitcoin ETFs (approved in early 2024) have drawn major institutional capital

• Market cap has soared past $2 trillion, yet volatility = opportunity

• Despite a small dip caused by Trump’s proposed 50% EU goods tariff, BTC still gained 5.35% last week

So… Is $300K Just a Dream or a Delayed Reality?

The pattern is bullish, the fundamentals are maturing, and the institutions are locked in. With macro volatility, ETF momentum, and a breakout pattern in place — this could be BTC’s biggest run yet.

What’s your take?

Will we see $120K, $300K, or something crazier? Drop your predictions below.

#Bitcoin #BinanceAlpha #MarketRebound #SaylorBTCPurchase #TrumpTariffs