Analyst says that Bitcoin has a “very good” opportunity to strike a tremendous price in 2026, citing three technical signs
An analyst known for making Bitcoin calls in time that BTC will rise to the level of astronomical price next year based on three technical signs.
In a new strategic session, the stable analyst Cheds informs its 49,700 subscribers that Bitcoin looks strong on the weekly graph after separating from the cup and standing style.
In technical analysis, a cup and equation style is a continuing bullish structure indicating that the original is preparing to move higher after a period of monotheism.
The second upper signal, according to Cheds, is that the upward trend looks sound technically based on the amount of time that Bitcoin spent in the formation of a solid base ranging between 16,000 and $ 70,000.
Third, the trader says that the depth of monotheism in the past three years is likely to be sufficient to maintain gatherings that exceed $ 200,000 in 2026.
“My basic issue is still, this is just a very general scheme. I think we have a very good chance of $ 250,000 in 2026.
This looks somewhat aggressive, and I know. But the funny thing is that this was a conservative goal for some people because people are talking about it [hitting $250,000] this year. Certainly no. This is crazy …
There is a zero chance of $ 250,000 this year, but I think it is a good opportunity of only $ 250,000 on the basis of the height of the cup and the equivalent [pattern]And the interval and the scope of monotheism …
This is still my general idea, based only on the weekly path. “
At the time of this report, Bitcoin is traded for $ 105,706.
https://www.youtube.com/watch?
Follow us xand Facebook and cable
Don’t miss a rhythm – Subscribe to deliver email alerts directly to your inbox
Check the price procedure
Browse the daily Hodl Mix
& nbsp
Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
