Bitcoin Completes Multi-Year Cup and Handle Formation, BTC and ETH Show Strong Pump Signals
- Bitcoin completes multi-year Cup and Handle formation.
- Both BTC and ETH show strong pump signals.
- BTC multi-year pattern could shoot its price to the $220,000 price range.
The crypto community welcomes the final days of July 2026 and prepares to commence with the start of August 2026. Today, the price of BTC is back up to the $64,000 price range, igniting hope for the market to push towards the bullish side. Amid the many discussions in the space, one expert notices how Bitcoin completes multi-year Cup and Handle formation, as both BTC and ETH show strong pump signals.
Bitcoin Completes Multi-Year Cup and Handle Formation
Over the past few weeks, the price of the pioneer crypto asset, Bitcoin (BTC), has been trading sideways between the $61,000 - $65,000 price range and analysts believe that one final dip is awaiting the asset before the end of the bear market. Thus, before the bull market can begin, traders and analysts are patiently waiting for the last dip to play out. This dip was initially expected to take the price of BTC to the $40,000 price range.
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