Comment
Author: Admin | 2025-04-27
Bullish breakout to the all-time high of $109,200. As shown below, by measuring the cup’s depth and then measuring the same distance from the cup’s upper side, the Bitcoin price target is $123,000. Bitcoin Price Weekly ChartThis chart also shows that the BTC price has formed a bullish flag pattern, which has a tall vertical line and some consolidation. This pattern also leads to more gains.The bullish Bitcoin price forecast will become invalid if the coin drops below the key support at $89,250, the lower side of the pennant’s triangle. Frequently Asked Questions (FAQs) There are signs that the BTC price will do well and exit the bear market after the MACD formed a bullish crossover. Bitcoin also has other bullish chart patterns. Bitcoin has also formed a bullish pennant pattern and a cup and handle, signaling more gains in the coming weeks. Bitcoin price may jump to $123,000 soon because of the cup and handle pattern. --> Crypto Lawsuits: Ex-SEC Official Criticizes Agency over Shifting Regulatory Stance Dogecoin Whales Offload 312M DOGE Amid Market Turmoil, What Lies Ahead? Binance Founder Changpeng Zhao Predicts BTC Rally To $1M Despite Recent Crash XRP News: Ripple Whales Dump 370M Coins; What’s Happening? Will Bitcoin ETF Outflows Trigger Further Crypto Market Crash? Cardano Price Forms Double Bottoms Ahead of Charles Hoskinson’s VIP Meeting: Can ADA Hit $1? Here’s Why Shiba Inu Price Death Cross Might Trigger 20% SHIB Rally Instead of Crash Bitcoin Price Flashes Bear Market Signal as ARK Invest Offloads $9M in BTC ETFs BTC, ETH, XRP Prediction: Will Trump’s $4.5T Tax Cut Budget Push Crypto Prices Higher? Top 3 Reasons Why XRP Price Can Explode 300% in March 2025 Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins,
Add Comment