Bitcoin / TetherUS
Long

Bitcoin - Flag pattern is broken

221
Bitcoin had been consolidating within a flag pattern for the past three months. That pattern has now officially broken to the upside, with the price surging to $109K — a strong bullish signal fueled by encouraging news around institutional adoption.

Based on both the technical flag breakout and ongoing fundamental momentum, the next target for Bitcoin is $145K. Any move beyond that would be considered a bonus in this current bull cycle.

Stay tuned for more updates.

Cheers,
GreenCrypto

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.