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

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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