The "Cup and Handle" pattern for Bitcoin is fully drawn, targeting 165,000? Institutions and ETFs are increasing their positions!
Bitcoin is brewing a major move: the graphic structure + capital trends + institutional behavior are all resonating, and the cup and handle pattern is confirming.
Price structure highlights:
Bitcoin has returned above 106K, forming a classic cup and handle pattern. Once it breaks through, the technical targets are:
112K first confirmation point
144K stage target
Ultimately aiming for the range above 165K
Institutions are fully engaged:
MetaPlanet's new financing of 517 million dollars is heading straight for Bitcoin
Adding a total of 1,356 BTC through self + strategy, continuously raising the strategic position
ETFs continue to attract capital:
In just the past 10 days, there has been a net inflow of over 350 million dollars into Bitcoin-related ETFs, indicating that smart money is quietly building positions, not following the trend, not making calls, and quietly making moves.
The macro environment is perfectly aligned:
Geopolitical stability has temporarily improved, dollar liquidity is relatively loose, and risk appetite is starting to flow back into crypto assets. This is also one of the typical signals in the mid-stage of a bull market.
Key observation point: 112K
A breakthrough would announce the establishment of the "cup and handle," with price structure + institutional actions + capital resonance, the market may welcome a new wave of steering gear activation.
A bull market does not explode overnight, but is the convergence of structure, capital, and sentiment. The question now is - are you ready?
