BTC Cup and Handle Pattern Signals Bullish Trend**

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Bitcoin (BTC) is currently displaying a **Cup and Handle** pattern, indicating a bullish trend. This is further supported by key indicators, such as the **EMA 50 1W** and **EMA 12/26 1D**, confirming the upward momentum. Additionally, the **Bollinger Bands** are in a contraction phase, suggesting that a major volatility spike is imminent.

The **Elliott Wave theory** also points towards a significant price target, with **Wave 3 of 1** setting BTC's next move toward **$120,000**.

Conclusion and Advice :

BTC is poised for a breakout, and the cup-and-handle formation hints at a potential rally. Traders should watch for confirmation of this pattern and keep an eye on volatility spikes. If momentum continues, this could be a great time to go long, but make sure to manage risks wisely given the high volatility expected.