{"id":251095,"date":"2025-05-21T21:24:33","date_gmt":"2025-05-21T21:24:33","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/analyst-predicts-massive-bitcoin-eruption-based-on-one-gold-chart-sees-altcoin-market-following-suit\/"},"modified":"2025-05-21T21:24:33","modified_gmt":"2025-05-21T21:24:33","slug":"analyst-predicts-massive-bitcoin-eruption-based-on-one-gold-chart-sees-altcoin-market-following-suit","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=251095","title":{"rendered":"Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A widely followed crypto strategist believes Bitcoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\" rel=\"noopener\" target=\"_blank\">BTC<\/a>) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern.<\/p>\n<p>Pseudonymous analyst TechDev tells his 523,300 followers on the social media platform X that Bitcoin has broken out of a cup-and-handle pattern on the two-week chart.<\/p>\n<p>The pattern typically indicates that an asset is ready to spark a new uptrend after a period of consolidation.<\/p>\n<p>TechDev also <a href=\"https:\/\/x.com\/TechDev_52\/status\/1924619019992109548\" rel=\"noopener\" target=\"_blank\">points out<\/a> that Bitcoin\u2019s cup-and-handle breakout looks very similar to gold\u2019s eruption over the past two years.<\/p>\n<p><em>\u201cWhen cup-and-handles hit with precision.<\/em><\/p>\n<p><em>Bitcoin\u2019s turn\u2026\u201d\u00a0<\/em><\/p>\n<figure style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GrWezD6XwAAhWZn?format=jpg&amp;name=large\" alt=\"Image\" width=\"2048\" height=\"1050\"\/><figcaption class=\"wp-caption-text\">Source: TechDev\/X<\/figcaption><\/figure>\n<p>Looking at the trader\u2019s chart, he seems to predict that the pattern breakout will push BTC to as high as $300,000. Earlier this month, TechDev <a href=\"https:\/\/dailyhodl.com\/2025\/05\/04\/crypto-analyst-hints-at-6x-explosion-for-bitcoin-says-largest-btc-move-in-five-years-has-begun\/\">said<\/a> that a surging global liquidity and capital reallocation would serve as tailwinds for BTC\u2019s ascent to new record levels.<\/p>\n<p><em>\u201cGold goes parabolic &gt; Liquidity breaks out &gt; Flows to BTC + rotation from gold sends BTC parabolic<\/em><\/p>\n<p><em>Not an original story.\u201d<\/em><\/p>\n<p>At time of writing, Bitcoin is trading for $106,709.<\/p>\n<p>Turning to the altcoin market, the crypto analyst says he\u2019s keeping a close watch on the TOTAL 3 chart, which tracks the market cap of all digital assets excluding Bitcoin, Ethereum and stablecoins.<\/p>\n<p>TechDev <a href=\"https:\/\/x.com\/TechDev_52\/status\/1921262010588680562\" rel=\"noopener\" target=\"_blank\">believes<\/a> that altcoins are gearing up for a meteoric ascent after going through four years of price compression.<\/p>\n<p><em>\u201cI don\u2019t think many comprehend what\u2019s coming in the altcoin market.\u201d<\/em><\/p>\n<figure style=\"width: 1255px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GqmxeqGW4AAETP2?format=jpg&amp;name=large\" alt=\"Image\" width=\"1255\" height=\"1150\"\/><figcaption class=\"wp-caption-text\">Source: TechDev\/X<\/figcaption><\/figure>\n<p><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt;\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern. Pseudonymous analyst TechDev tells his 523,300 followers on the social media platform X that Bitcoin has broken out of a cup-and-handle pattern on the two-week chart. The pattern typically indicates that an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":251096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12981,13647,14545,3528,12920,17058,11457,13271,674,11209,5709,1820,11069,16699,868],"dealstore":[],"offerexpiration":[],"class_list":["post-251095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-analyst","tag-based","tag-bitcoin","tag-btc","tag-chart","tag-eruption","tag-gold","tag-market","tag-massive","tag-news","tag-predicts","tag-sees","tag-suit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=251095\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern. 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