Bitcoin Forming Inverse Head And Shoulders Pattern - Is $150,000 The Next Target?
3 Articles
3 Articles
Bitcoin Forms Bullish Pattern With $150,000 Breakout Potential Ahead
Bitcoin forms a bullish inverse head and shoulders pattern with $150K breakout potential ahead. BTC supply on exchanges hits a 7-year low, increasing long-term bullish pressure as whales accumulate. Whale activity and on-chain data signal strong positioning for a major rally toward $205K by 2025. Bitcoin’s momentum has stalled in recent days, weighed down by growing geopolitical tensions in the Middle East. However, despite short-term weakness, …
Bitcoin Forming Inverse Head And Shoulders Pattern - Is $150,000 The Next Target?
Although Bitcoin’s (BTC) momentum has stalled over the past week due to escalating geopolitical tensions in the Middle East, the flagship cryptocurrency appears to be forming a bullish inverse head and shoulders pattern on the three-day chart – significantly increasing the likelihood of a new all-time high (ATH) in the coming months. Bitcoin Eyeing New ATH Soon? In an X post published today, crypto analyst Mister Crypto highlighted that BTC is f…
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