Binance News
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Bitcoin Traders Predict New Bull Market Highs, Targeting $270,000
According to Cointelegraph, Bitcoin traders expect the bull market to reach new highs, with a target price of $270,000. Despite macroeconomic and geopolitical factors, Bitcoin is still consolidating above $100,000.
Trader Alan Tardigrade analyzes that Bitcoin is in an ascending expanding wedge trend, expected to reach $170,000. He points out that the golden cross signal has pushed Bitcoin up multiple times since 2023.
Another trader, Merlijn, believes that Bitcoin is forming an inverse head and shoulders pattern, with a breakout target of $140,000 and a neckline at $113,000.
Trader Alan Tardigrade analyzes that Bitcoin is in an ascending expanding wedge trend, expected to reach $170,000. He points out that the golden cross signal has pushed Bitcoin up multiple times since 2023.
Another trader, Merlijn, believes that Bitcoin is forming an inverse head and shoulders pattern, with a breakout target of $140,000 and a neckline at $113,000.
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