Bitcoin Price Prediction: BTC Targets $363K Above $80K
Bitcoin is trading near the low $80,000 zone as two charts show a major long-term setup and a short-term reclaim test. $BTC still needs a clean weekly hold above this area before the larger cup and handle target gains strength. Bitcoin Cup and Handle Chart Points to $363K Target Bitcoin is trading near $80,798 on the 2-week Binance chart, while Crypto Patels chart maps a long-term cup and handle pattern with a projected target near $363,000. The chart shows the “cup” forming between the 2021 peak and the 2023 bottom. Bitcoin then recovered through 2024 and entered the “handle” phase after rejecting near the 2024–2025 high area. The handle is shown as a downward-sloping consolidation channel. Bitcoin Cup and Handle Pattern. Source: Crypto Patel on X The main idea is simple: if Bitcoin breaks above the handle resistance, the chart projects a larger upward move. Crypto Patel marks possible upside targets at $200,000, $300,000, and $400,000, with the main measured target near $363,142. However, Bitcoin has not confirmed the breakout yet. The price still needs to clear the upper side of the handle with strength. Until then, the setup remains a long-term pattern, not a confirmed move. The chart also marks an accumulation zone between $60,000 and