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.
