If you look at the weekly timeframe, a repeating pattern becomes clear—after every breakout, BTC gains around 50%. The price doesn’t move up in a straight line; it dips, consolidates, and then surges.
Looking at the current chart, BTC has formed three flags, and the price recently wicked around 92K, which is a strong support level. We shouldn’t see BTC dropping below this.
Based on technical analysis, my top prediction is 140K. 🚀
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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.