• bitcoinBitcoin (BTC) $ 103,897.00
  • ethereumEthereum (ETH) $ 2,540.24
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.40
  • bnbBNB (BNB) $ 662.20
  • solanaSolana (SOL) $ 175.80
  • usd-coinUSDC (USDC) $ 0.999963
  • dogecoinDogecoin (DOGE) $ 0.238791
  • cardanoCardano (ADA) $ 0.814410
  • tronTRON (TRX) $ 0.264575
  • staked-etherLido Staked Ether (STETH) $ 2,539.02
  • suiSui (SUI) $ 4.02
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,897.00
  • chainlinkChainlink (LINK) $ 16.94
  • avalanche-2Avalanche (AVAX) $ 25.29
  • wrapped-stethWrapped stETH (WSTETH) $ 3,046.86
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • stellarStellar (XLM) $ 0.312977
  • hedera-hashgraphHedera (HBAR) $ 0.213849
  • the-open-networkToncoin (TON) $ 3.49
  • hyperliquidHyperliquid (HYPE) $ 25.51
  • bitcoin-cashBitcoin Cash (BCH) $ 421.30
  • usdsUSDS (USDS) $ 0.999890
  • litecoinLitecoin (LTC) $ 104.25
  • polkadotPolkadot (DOT) $ 5.12
  • leo-tokenLEO Token (LEO) $ 8.30
  • wethWETH (WETH) $ 2,541.20
  • pi-networkPi Network (PI) $ 0.881247
  • moneroMonero (XMR) $ 326.35
  • wrapped-eethWrapped eETH (WEETH) $ 2,709.24
  • bitget-tokenBitget Token (BGB) $ 4.92
  • pepePepe (PEPE) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.994592
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,860.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • uniswapUniswap (UNI) $ 7.36
  • whitebitWhiteBIT Coin (WBT) $ 30.13
  • nearNEAR Protocol (NEAR) $ 3.34
  • bittensorBittensor (TAO) $ 455.25
  • aptosAptos (APT) $ 6.18
  • daiDai (DAI) $ 0.999698
  • aaveAave (AAVE) $ 225.31
  • ondo-financeOndo (ONDO) $ 1.06
  • okbOKB (OKB) $ 55.73
  • internet-computerInternet Computer (ICP) $ 5.91
  • ethereum-classicEthereum Classic (ETC) $ 20.38
  • susdssUSDS (SUSDS) $ 1.05
  • crypto-com-chainCronos (CRO) $ 0.102914
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • official-trumpOfficial Trump (TRUMP) $ 14.24
  • tokenize-xchangeTokenize Xchange (TKX) $ 35.63
  • kaspaKaspa (KAS) $ 0.107141
  • render-tokenRender (RENDER) $ 5.34
  • gatechain-tokenGate (GT) $ 22.31
  • vechainVeChain (VET) $ 0.031926
  • mantleMantle (MNT) $ 0.779487
  • ethenaEthena (ENA) $ 0.417764
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.272931
  • cosmosCosmos Hub (ATOM) $ 5.32
  • arbitrumArbitrum (ARB) $ 0.488255
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.885404
  • filecoinFilecoin (FIL) $ 3.28
  • algorandAlgorand (ALGO) $ 0.251453
  • usd1-wlfiUSD1 (USD1) $ 0.998609
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,179.00
  • celestiaCelestia (TIA) $ 3.31
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • sonic-3Sonic (prev. FTM) (S) $ 0.609358
  • fasttokenFasttoken (FTN) $ 4.36
  • worldcoin-wldWorldcoin (WLD) $ 1.32
  • bonkBonk (BONK) $ 0.000023
  • jupiter-exchange-solanaJupiter (JUP) $ 0.588063
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.59
  • blockstackStacks (STX) $ 1.03
  • makerMaker (MKR) $ 1,867.38
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,526.89
  • optimismOptimism (OP) $ 0.923214
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997667
  • binance-staked-solBinance Staked SOL (BNSOL) $ 184.74
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,641.49
  • quant-networkQuant (QNT) $ 98.63
  • kucoin-sharesKuCoin (KCS) $ 11.29
  • eosEOS (EOS) $ 0.924826
  • immutable-xImmutable (IMX) $ 0.766498
  • sei-networkSei (SEI) $ 0.262375
  • flare-networksFlare (FLR) $ 0.020458
  • fartcoinFartcoin (FARTCOIN) $ 1.33
  • story-2Story (IP) $ 4.90
  • injective-protocolInjective (INJ) $ 13.17
  • nexoNEXO (NEXO) $ 1.29
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.94
  • xdce-crowd-saleXDC Network (XDC) $ 0.078339
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,878.42
  • the-graphThe Graph (GRT) $ 0.122067
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,432.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.813839
  • usdt0USDT0 (USDT0) $ 1.00
  • theta-tokenTheta Network (THETA) $ 1.05
  • lido-daoLido DAO (LDO) $ 1.15
  • flokiFLOKI (FLOKI) $ 0.000106
  • galaGALA (GALA) $ 0.022703
  • wbnbWrapped BNB (WBNB) $ 659.28
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,705.36
  • msolMarinade Staked SOL (MSOL) $ 226.90
  • jasmycoinJasmyCoin (JASMY) $ 0.019286
  • paypal-usdPayPal USD (PYUSD) $ 0.999555
  • raydiumRaydium (RAY) $ 3.18
  • dogwifcoindogwifhat (WIF) $ 0.898848
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.995192
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014247
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 194.56
  • the-sandboxThe Sandbox (SAND) $ 0.364133
  • coredaoorgCore (CORE) $ 0.861970
  • bitcoin-svBitcoin SV (BSV) $ 42.99
  • based-brettBrett (BRETT) $ 0.086175
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 103,796.00
  • tether-goldTether Gold (XAUT) $ 3,324.15
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.46
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,660.02
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.30
  • dexeDeXe (DEXE) $ 14.13
  • bittorrentBitTorrent (BTT) $ 0.00000081
  • clbtcclBTC (CLBTC) $ 102,731.00
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 103,241.00
  • pax-goldPAX Gold (PAXG) $ 3,327.58
  • walrus-2Walrus (WAL) $ 0.628014
  • iotaIOTA (IOTA) $ 0.253653
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • heliumHelium (HNT) $ 4.12
  • kaiaKaia (KAIA) $ 0.125117
  • flowFlow (FLOW) $ 0.460786
  • spx6900SPX6900 (SPX) $ 0.775241
  • tezosTezos (XTZ) $ 0.679205
  • decentralandDecentraland (MANA) $ 0.379183
  • pyth-networkPyth Network (PYTH) $ 0.191474
  • zcashZcash (ZEC) $ 43.16
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,604.17
  • jito-governance-tokenJito (JTO) $ 2.11
  • usual-usdUsual USD (USD0) $ 0.998070
  • pendlePendle (PENDLE) $ 3.98
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998394
  • chain-2Onyxcoin (XCN) $ 0.018369
  • aerodrome-financeAerodrome Finance (AERO) $ 0.753698
  • thorchainTHORChain (RUNE) $ 1.74
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.237134
  • aioz-networkAIOZ Network (AIOZ) $ 0.510195
  • reserve-rights-tokenReserve Rights (RSR) $ 0.010380
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • starknetStarknet (STRK) $ 0.190011
  • telcoinTelcoin (TEL) $ 0.006341
  • dydx-chaindYdX (DYDX) $ 0.744420
  • movementMovement (MOVE) $ 0.227610
  • arweaveArweave (AR) $ 8.68
  • elrond-erd-2MultiversX (EGLD) $ 19.91
  • ousgOUSG (OUSG) $ 111.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,540.24
  • apecoinApeCoin (APE) $ 0.679144
  • super-oethSuper OETH (SUPEROETH) $ 2,540.44
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,703.82
  • kavaKava (KAVA) $ 0.497216
  • berachain-beraBerachain (BERA) $ 4.45
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,636.42
  • conflux-tokenConflux (CFX) $ 0.103124
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 103,792.00
  • popcatPopcat (POPCAT) $ 0.521453
  • axie-infinityAxie Infinity (AXS) $ 3.18
  • neoNEO (NEO) $ 7.17
  • deepDeepBook (DEEP) $ 0.201451
  • ecasheCash (XEC) $ 0.000025
  • true-usdTrueUSD (TUSD) $ 0.997738
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 1.00
  • beam-2Beam (BEAM) $ 0.009253
  • tbtctBTC (TBTC) $ 103,795.00
  • wormholeWormhole (W) $ 0.105218
  • roninRonin (RON) $ 0.724784
  • chilizChiliz (CHZ) $ 0.049068
  • mog-coinMog Coin (MOG) $ 0.000001
  • beldexBeldex (BDX) $ 0.065061
  • pumpbtcpumpBTC (PUMPBTC) $ 99,898.00
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • akash-networkAkash Network (AKT) $ 1.83
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,540.27
  • matic-networkPolygon (MATIC) $ 0.273051
  • grassGrass (GRASS) $ 1.61
  • compound-governance-tokenCompound (COMP) $ 48.81
  • kaitoKAITO (KAITO) $ 1.79
  • eigenlayerEigenlayer (EIGEN) $ 1.45
  • morphoMorpho (MORPHO) $ 1.64
  • saros-financeSaros (SAROS) $ 0.163120
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,538.62
  • mantra-daoMANTRA (OM) $ 0.442365
  • apenftAPENFT (NFT) $ 0.00000043
  • axelarAxelar (AXL) $ 0.436360
  • hashnote-usycCircle USYC (USYC) $ 1.10
  • usdbUSDB (USDB) $ 1.01
  • turboTurbo (TURBO) $ 0.005904
  • superfarmSuperVerse (SUPER) $ 0.877614
  • amp-tokenAmp (AMP) $ 0.004546
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000070
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 102,485.00

Is Bitcoin Price Heading To $137K? Market Expert Says BTC Broke Out Since Nov. 2024

0 2

Is Bitcoin Price Heading To $137K? Market Expert Says BTC Broke Out Since Nov. 2024

After a somewhat sluggish start to 2025, the Bitcoin price has begun to impress in the year’s second quarter. The premier cryptocurrency reclaimed the $100,000 mark earlier this week and seems to be making a play for its all-time high price at $108,786 over this weekend.

The price of BTC appears to have flipped the switch in the market, with investors feeling that the world’s largest crypto market is back to where it was at the end of 2024. According to a popular crypto expert, the sell-side pressure experienced in the first few months of the year is all part of a broader price breakout.

Is BTC Following This Cup And Handle Pattern?

In a May 9 post on X, chartered market technician (CMT) Aksel Kibar shared an interesting update on his recent Bitcoin price analysis. The market expert revealed, in a late November 2024 post on the social media platform, a long-term breakout signal for the BTC price.

Following the election victory of Donald Trump as United States President, the Bitcoin and crypto markets witnessed a significant amount of bullish momentum. Kibar highlighted that BTC, as a result of the post-election rally, was breaking above a significant price level on a large (monthly) timeframe.

As shown in the chart above, the Bitcoin price broke above its “minor high” around the former all-time high of $73,737 in November. Based on historical patterns, Kibar highlighted in his chart that the flagship cryptocurrency goes on a parabolic run whenever it surpasses the minor high in the cycle.

Interestingly, this November 2024 breakout has formed a cup and handle pattern, a technical analysis pattern that resembles a cup in the shape of the letter “u,” and the handle has a slight downward drift. The cup and handle is considered a bullish pattern, which signals the continuation of an upward trend.

In this particular iteration of this pattern, the price of BTC continued to rally after breaking the $73.737 till it reached a six-figure valuation. However, the Bitcoin price witnessed a severe correction to around $74,000 after reaching its current all-time high in January.

However, it appears that Bitcoin only witnessed a minor pullback to the “minor high” before resuming its primary upward trend. In this scenario, Kibar put the cup and handle target for the market leader at around $137,000, which represents an over 33% rally from the current price point.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $103,071, reflecting a nearly 1% increase in the past 24 hours. According to data from CoinGecko, the market leader is up by more than 6% on the weekly timeframe.

Is Bitcoin Price Heading To $137K? Market Expert Says BTC Broke Out Since Nov. 2024

Featured image from iStock, chart from TradingView

Source

Leave A Reply

Your email address will not be published.