BitcoinLong
Accumulation to Breakout: BTC’s Next Target Revealed
Bitcoin Analysis
After a 47% surge from the first accumulation zone, the price entered a consolidation phase.
Breaking out of the next accumulation zone, Bitcoin rallied by 61%, showcasing strong bullish momentum.
Currently, the price is consolidating again, with a potential 40% upside if the bullish trend continues.
Previous breakout levels now act as key support for any pullbacks.
After a 47% surge from the first accumulation zone, the price entered a consolidation phase.
Breaking out of the next accumulation zone, Bitcoin rallied by 61%, showcasing strong bullish momentum.
Currently, the price is consolidating again, with a potential 40% upside if the bullish trend continues.
Previous breakout levels now act as key support for any pullbacks.
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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.
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.