Bitcoin Price Prediction: Is $119K Within Reach?

📢 Bull Flag Pattern Forming

Classic bullish setup suggests a potential 10% breakout, targeting $119,000.

💹 M2 Money Supply Hits New High

Rising global liquidity is historically correlated with BTC price surges.

📊 Strong Technical Signals

BTC above 200-day SMA — long-term bullish trend intact

✅ 50-day SMA acting as support — helping sustain momentum

✅ RSI above 50 and climbing — bullish pressure increasing

🔄 Resistance Break = All-Time High

A breakout from the current channel could lead to new ATH levels.

📢 Analyst Sentiment Turns Optimistic

Market watchers expect Bitcoin to follow the M2 uptrend, mirroring previous macro patterns.

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