Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000

Bitcoin, the undisputed king of cryptocurrencies, finds itself in a tug-of-war between bullish whispers and bearish roars. While some analysts point to technical indicators hinting at a price surge, others warn of potential pitfalls lurking beneath the surface. Related Reading: Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess Bulls See Bullish Flags And Futures Technical analysts are a curious breed. They speak in a language of charts, patterns, and indicators, deciphering the cryptic movements of the market. One such indicator, the bullish flag pattern, has some analysts, like Gert van Lagen, cautiously optimistic. $BTC [2D] – The handle of the 3Y+ Cup with Handle itself qualifies as a bullflag targeting $127k. Price clearly has broken out of and successfully retested the flag for support.#BTC is ready for the next leg up

Jun 19, 2024 - 00:00

Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000

Bitcoin, the undisputed king of cryptocurrencies, finds itself in a tug-of-war between bullish whispers and bearish roars. While some analysts point to technical indicators hinting at a price surge, others warn of potential pitfalls lurking beneath the surface.

Bulls See Bullish Flags And Futures

Technical analysts are a curious breed. They speak in a language of charts, patterns, and indicators, deciphering the cryptic movements of the market. One such indicator, the bullish flag pattern, has some analysts, like Gert van Lagen, cautiously optimistic.

$BTC [2D] – The handle of the 3Y+ Cup with Handle itself qualifies as a bullflag targeting $127k.
Price clearly has broken out of and successfully retested the flag for support.#BTC is ready for the next leg up
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