BTC Eyeing $125K Target as Halving Approaches: Bullish Flag in P
Hey investors,
As we approach the 2024 Bitcoin halving, we're seeing some exciting developments on the BTC chart. Bitcoin is currently breaking out of a bullish flag formation, echoing similar setups we've seen in previous cycles. Last time we had this pattern back in 2020, it led to a 390% surge, pushing BTC to 69K.
With the halving in sight and the supply squeeze it will create, Bitcoin could be gearing up for a major run. Based on the current structure, we’re targeting a potential move towards 125K, representing a 302% gain from current levels.
Stay focused on the macro trends and the halving event, as this could drive massive momentum in the months ahead.
Keep an eye on this chart and stay tuned for more updates!
#BTC #Bitcoin #Crypto #BullishFlag #BTCUSD #Halving2024 #MarketUpdate #CryptoInvesting
As we approach the 2024 Bitcoin halving, we're seeing some exciting developments on the BTC chart. Bitcoin is currently breaking out of a bullish flag formation, echoing similar setups we've seen in previous cycles. Last time we had this pattern back in 2020, it led to a 390% surge, pushing BTC to 69K.
With the halving in sight and the supply squeeze it will create, Bitcoin could be gearing up for a major run. Based on the current structure, we’re targeting a potential move towards 125K, representing a 302% gain from current levels.
Stay focused on the macro trends and the halving event, as this could drive massive momentum in the months ahead.
Keep an eye on this chart and stay tuned for more updates!
#BTC #Bitcoin #Crypto #BullishFlag #BTCUSD #Halving2024 #MarketUpdate #CryptoInvesting
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.