BTC price Outlook: Bull Flag Pattern Hints at Potential Breakout Toward $129K
The local format of the corridor is interrupted by a wide, stronger one, based on which one can conclude about a rebound, and it is quite possible that this will happen tomorrow, during the opening of markets and trading
Also on the local BTC chart, this figure forms an incompletely formed "Bullish Flag" pattern, which also indicates growth
Also, this scenario does not contradict my previous analysis, where a global "Head and Shoulders" pattern is emerging on a 5-year time frame
Current price: $114.227
Expected according to the local scenario $123k and the price according to the global "Head and Shoulders" pattern remains within the same limits of $124k or $129k
Low probability of breaking through the $112k level, since this mark is the bottom of the ascending corridor
This analysis is based on the technical pattern [Bull flag] and also incorporates AI to provide more accurate results.
The local format of the corridor is interrupted by a wide, stronger one, based on which one can conclude about a rebound, and it is quite possible that this will happen tomorrow, during the opening of markets and trading
Also on the local BTC chart, this figure forms an incompletely formed "Bullish Flag" pattern, which also indicates growth
Also, this scenario does not contradict my previous analysis, where a global "Head and Shoulders" pattern is emerging on a 5-year time frame
Current price: $114.227
Expected according to the local scenario $123k and the price according to the global "Head and Shoulders" pattern remains within the same limits of $124k or $129k
Low probability of breaking through the $112k level, since this mark is the bottom of the ascending corridor
This analysis is based on the technical pattern [Bull flag] and also incorporates AI to provide more accurate results.
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.