Bitcoin
Long

[BITCOIN] - Where is Potential TOP (ATH) of the Bull Cycle?

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Many people wondering where is the potential TOP of the current Bitcoin Bull Run? Besides setting a Fibo Retracement, we can take a look at the past. The current situation on BTC chart reminds me of what we've seen in the end of 2024, here is why:
  1. Big ascending channel, price perfectly moves inside without breaking borders
  2. Descending consolidation inside the bull flag
  3. Strong breakout and pump towards the resistance of the channel

👉 According to this pattern, the target for the current Bitcoin upward move should be located in the $140,000 zone. Keep this in mind when planning your trades.

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