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Home»Crypto»Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit
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Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit

May 21, 2025No Comments1 Min Read
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An experienced crypto analyst predicts a significant uptrend for Bitcoin (BTC) after breaking out of a bullish continuation pattern.

TechDev, a well-known analyst with a large following on X, points out that Bitcoin has recently broken out of a cup-and-handle pattern on the two-week chart. This pattern typically signals a new uptrend after a period of consolidation.

Comparing Bitcoin’s breakout to gold’s recent surge, TechDev suggests that Bitcoin could reach as high as $300,000 based on his chart analysis.

Image
Source: TechDev/X

As of now, Bitcoin is trading at $106,709. TechDev also highlights the potential for altcoins to experience a significant price surge, especially after four years of price compression.

Image
Source: TechDev/X

For more updates and insights, follow us on X, Facebook, and Telegram. Subscribe to receive email alerts and stay informed about price action in the crypto market.

Generated Image: Midjourney

Altcoin Analyst Based Bitcoin Chart Eruption gold Market massive Predicts sees suit
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