New Bitcoin Analysis Says ‘Most Explosive Phase’ to $140K Is Close

Bitcoin Liquidity Wars Persist But Bulls Aim For $140K

Key takeaways: Bitcoin’s sideways trading results from Binance taker volume turning negative, and the US and Korean BTC premium index showing weak spot demand. BTC holding above $115,000 and strong buyer absorption near this level shows bulls are committed to pushing Bitcoin price to new highs. Bitcoin (BTC) has struggled to maintain momentum after hitting a new all-time high of $123,100 last Monday, and this stalled price action appears to be…

Bitcoin Eyes $140K as Bullish Channel and Institutional Demand Fuel Rally

Bitcoin’s recent climb within a rising channel has caught the attention of market analysts, with some suggesting that the cryptocurrency could be on the verge of an explosive move. The current rally aligns with Wave (5) of an Elliott Wave structure, a phase often associated with aggressive price action. Market analyst LSplayQ notes that Bitcoin is trading close to $118,000, with the price action… Source

Bitcoin Final Push? Wave (5) Could Deliver A Spectacular Breakout

Bitcoin is turning heads once again as it climbs steadily within a rising channel, teasing a potential explosive move. According to chart watchers, the current rally aligns with Wave (5) of an Elliott Wave structure, historically the phase that unleashes the most aggressive price action. With momentum building and institutional demand ramping up, could this be the final leg before Bitcoin launches toward uncharted territory? Rising Channel Holds…

New Bitcoin analysis says ‘most explosive phase’ to $140K is close – DG Verifications & Stats

Bitcoin price consolidation after a powerful rally to record highs is normal. Will the current bull pennant confirm and send BTC beyond $136,000? Market Analysis Key takeaways: A Bitcoin price pullback to $115,000 is possible before continuing the uptrend. A bull pennant suggests that the BTC price could rally by 15% to new highs above $136,000. Bitcoin (BTC) price has spent most of the week pinned below $120,000, which many analysts have labe…

Why Is Bitcoin So Expensive? Key Reasons Behind Its

The post Why Is Bitcoin So Expensive? Key Reasons Behind Its High Value appeared first on Coinworldstory. I’m going to explore what makes Bitcoin so pricey and what underpins that high value. The combination of a capped supply, increasing adoption, decentralized control, and its emerging status as a type of digital gold all feed into its price trend. Grasping these points clarifies why Bitcoin continues to lead the entire cryptocurrency space. W…

New Bitcoin analysis says ‘most explosive phase’ to $140K is close

Analysts forecast a lower support test for Bitcoin, but a bull pennant breakout could send BTC to new highs.