A bullish pattern has appeared on the Bitcoin price chart, which preps it to climb to the $230K mark. This is bullish news in the face of the constantly changing geopolitical ecosystem, which has led Bitcoin to consolidate within the $107K to $110K zone.

And the pattern isn’t limited to the monthly chart alone, as the daily chart is showing a similar price action. Does it mean Bitcoin could be the best crypto to buy now?

The prediction comes from popular cryptocurrency analyst Trader Tardigrade, who posted on X, stating that BTC has broken out of the handle pattern of the monthly chart.

According to him, the BTC price could now reach $230K if the bullish momentum continues. This price action has been supported by standard analysis as well, which clearly shows the Bitcoin price breaking out of the handle in November 2024.

The timeline to reach that level, according to the chart, is sometime in 2027.

When it comes to the daily chart, a similar pattern has formed. The pattern formation is more profound, and the only way the handle will break is if the BTC price moves above its recently achieved ATH level.

The breakout from the current handle will allow the BTC price to reach near $147K.

It is important to note that while the technicals are bullish, there has been quite a bit of bearish news as well. For instance, The Economic Times recently reported that long-dormant whales are taking measures to trim their BTC positions at the same time as institutions are engaged in a BTC buying frenzy. Therefore, while the pattern is bullish, exercising caution is still advised.

If we go by purely technicals and institutional interest, Bitcoin could be the best crypto to buy now. The likes of Arthur Hayes have said that BTC could ascend to the $1 million mark when the time comes, and the institutional frenzy around BTC is filled with bullish voices, saying that BTC will topple the dollar to become the dominant currency.

Furthermore, the US administration’s crypto push has invigorated the cryptocurrency community. On the other hand, however, there are also fears around BTC hoarding by institutions and government, which could, in spirit, harm the decentralization ethos it was built upon.

So, while Bitcoin could be the best crypto to buy now, investors should also look at other options, such as crypto ICOs, like the ones mentioned below.

If the cup and handle pattern pans out, the BTC price will likely grow, which could give meme coins a path to achieve a parabolic surge. Taking advantage of such an opportunity is Snorter. The official whitepaper defines Snorter as a strong meme coin trading bot designed to capture Solana meme coins just as they arrive.

The platform is essentially an automated sniping tool active on Telegram, giving users the advantage to scoop up early gains for newly launched Solana-themed tokens. The tool is also equipped with robust protection systems, including the likes of honeypot protection and rug pull protection.

Since the project is active on Telegram, Snorter sports a high level of accessibility. And since that accessibility is rooted in the community, it also offers copy trading opportunities. The meme, which is portrayed by an aardvark, is merely a vehicle to communicate these perks, but it still has immense viral potential in the long run.

Snorter, being a bot, has garnered the most attention, with analysts like Cryptonews saying that it could be a road to easy 100x gains. Given how volatile the market could be in the current ecosystem, this optimism is commendable.

Speculative aspects of Bitcoin have led the altcoin season to come with full force, and despite BTC dominance, people are seeking cryptos that could be something more than just a store of value. SUBBD, with its unique premise of providing an OnlyFans on blockchain, has been able to do that.

An AI-enabled ecosystem, SUBBD facilitates the creation of AI agents through simple prompts. Users can create their own AI models and generate content from them. However, that’s not to say it doesn’t have real models featured. They are here, for SUBBD has been created for the sole purpose of enabling creators to cash in on their content more effectively.

Over 2,000 models have been onboarded, and all of them combined have a cumulative following of more than 250 million. This large number gives SUBBD a substantial potential audience, which could help it penetrate the $85 billion industry with style.

But what do fans get to become part of this ecosystem? Exclusive perks. This could take the form of unique content never accessible through other platforms, or even games. These fans can even create their own AI influencers in order to become content creators on SUBBD.

SUBBD has been called the next generation of utility tokens by 99Bitcoins, which could be accurate considering the project hits every modern requirement for a crypto to be worthy of long-term investment.

Given Bitcoin is still a dominant asset, it won’t be wrong to dive into investments such as Best Wallet Token, which powers a cryptocurrency wallet that makes investing in Bitcoin easier.

The wallet, known as Best Wallet, has been named by the New York Post as a leading cryptocurrency wallet for those who are just starting out, or those who want their crypto interactions to be simple.

This cryptocurrency wallet works akin to a centralized exchange, but without any centralized control. It features the ability to buy and sell crypto using fiat, earn staking rewards, and even interact with the NFT space.

Supporting over 60 chains, Best Wallet has also been a strong pick for those who want more security when they trade crypto. Its security module has the perfect mix of accessibility and protection. Furthermore, the assets locked inside are insured by Fireblocks, a leading name in cryptocurrency security.

Since Best Wallet is a decentralized ecosystem, the BEST token enhances all the features, which also include the ability to find crypto ICOs before they are made public. The token is also part of the Best Wallet DAO, which means the ecosystem will evolve with time and more features will be added.

With the cup-and-handle pattern emerging on the Bitcoin price chart, hopes are high that the market could get back on track. However, analysts have been wrong before, which means blindly diving into BTC believing the pattern may not be the best choice. Investors should always diversify, and the best assets that could currently help with making that happen are crypto ICOs.

Among them could be the best crypto to buy now, as the aforementioned ICOs have generated a lot of buzz within the cryptocurrency community already due to their use cases and marketability.

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