🔷️ #Bitcoin is currently trading around $108,700–109,000 and on June 29 it broke above the upper band of the bullish flag I shared at $107,500 now it's re-testing that zone; if this level holds, we could see a strong upward move ahead. 📈

📌 In technical analysis, a flag formation typically follows a sharp rise, enters a consolidation phase, and often continues in the same direction once it breaks.

🟡 Key level: A daily close below the flag’s lower boundary would invalidate the pattern. If support holds, the previously marked yellow area may act as a potential price zone strictly within a technical analysis context.

🔍 Reminder: Technical patterns alone aren’t enough volume trends, macroeconomic conditions, and news flow should also be monitored before drawing conclusions.

‼️ This is not investment advice.

#crypto #cryptocurrency #bitcoin #blockchain #btc #ethereum #cryptonews