Bitcoin is currently retesting the upper trendline of a bullish megaphone pattern, a key structure that typically signals strong upside potential after confirmation.
If this retest holds as support, BTC could see a major move toward new highs, aligning with the pattern’s bullish continuation. However, losing this level could delay the rally.
📍 Key Level to Watch: The upper boundary of the megaphone pattern (~
87K-$90K).
A successful bounce here could fuel Bitcoin’s next leg up! Are you positioned for it?
If this retest holds as support, BTC could see a major move toward new highs, aligning with the pattern’s bullish continuation. However, losing this level could delay the rally.
📍 Key Level to Watch: The upper boundary of the megaphone pattern (~
87K-$90K).A successful bounce here could fuel Bitcoin’s next leg up! Are you positioned for it?
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.
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.