Bitcoin News
By Julie Binoche
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Bitcoin’s price may be on the verge of a historic explosion, according to crypto researcher Danny Marques, who believes the leading cryptocurrency is entering the final and most…
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Marques’ prediction isn’t based on speculation alone. Instead, it stems from a consistent 7-year technical pattern that has, so far, accurately mapped Bitcoin’s major price…
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In 2024, Bitcoin made headlines again by breaking above its previous all-time high of $69,000.
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This time, if history repeats and Bitcoin follows a similar trajectory to the 2020 run, a 418% rally from $69,000 would place the price somewhere around $288,000.
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A chart shared by Marques shows a classic "cup and handle" pattern, which began forming after the 2021 peak.
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In addition to price patterns, technical indicators are also pointing toward further upside.
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Another tool, the TABI (Trend and Behavior Indicator), suggests Bitcoin is still early in its expansion phase.
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These technical and behavioral signals all point toward a potential price discovery phase—a period when Bitcoin moves beyond all previous highs and enters uncharted territory.
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However, investors should remember that while historical patterns provide insight, they are not guarantees.
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As Bitcoin continues to gain traction among institutions, retail investors, and even governments, the stage seems set for a defining moment.
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For now, all eyes are on Bitcoin as it edges closer to price discovery mode, with analysts, traders, and investors watching the charts closely.
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