Bitcoin Price Prediction: Cup and Handle Breakout Points to $120,000

• Bitcoin price prediction stays bullish above $84,000 after its cup and handle breakout
• BTC is on pace for its first Jul-Aug-Sep winning streak since 2012, which preceded a 2,000% rally
• US and Iran held a three-hour UN meeting, with Trump calling the talks “very good”

Bitcoin price prediction stays bullish above $84,000, the breakout base BTC needs to hold after clearing a cup and handle pattern that’s been forming since May.

Bitcoin Price Analysis: Can BTC Hold Its Cup and Handle Breakout?

BTC trades near $86,606.99, up 0.47% today, holding above $84,000 after breaking out of a cup and handle pattern that traced a decline from the May high near $87,000 down to the July low near $58,000 before recovering. 

The pattern’s measured move projects a target near $120,000, based on the roughly $34,054.80 depth of the cu…

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