Bitcoin Eyes $340K? Analyst Says It’s Now or Never for BTC Rebound
Bitcoin is chilling at $103,993 after a slight 0.18% dip, but don’t count it out just yet. Crypto analyst PlanD sees massive upside—$340K levels—if BTC holds its ground in the $91K-$100K support zone.
He’s spotting a cup-and-handle formation that’s been building since the 2021 drop to $69K. The “cup” was filled by March 2024, and now the “handle” is forming below $112K.
Technical Breakdown:
- BTC is in a descending channel—a classic consolidation phase.
- Resistance sits at $105,292 (50 EMA), which BTC must crush to see a breakout.
- RSI is under 40 (mildly oversold), and the MACD is showing signs of a reversal brewing.
- Support levels to monitor: $104,514, $103,149, and $102,141.
🚨 Close above $105,292 with strong candles (engulfing, three white soldiers), and BTC could hit $107K+ fast.
Meanwhile, enter Best Wallet ($BEST)—a crypto wallet going beast mode:
- Supports 1,000+ tokens
- Built with Fireblocks MPC-CMP tech for A-tier security
- Offers presale token buys directly inside the app
- $BEST token = lower fees, staking rewards, exclusive airdrops
🔥 $12.95M raised already, and tokens are just $0.025115. Early access = early wins.
You might also enjoy: Crypto Fraud Surges 200% on MEXC in 2025: India and Indonesia Lead Global Spike