Bitcoin Surges Above $118,000 Amid Cup-and-Handle Pattern
Bitcoin has broken above its resistance point at $118,000 this week, according to research firm Fairlead Strategies. Founder Katie Stockton expects the cryptocurrency to reach $134,500 in the coming months, a 14% increase from current levels. The price movement is attributed to a cup-and-handle chart pattern, where the price first dips and recovers before pulling … Read more