Bitcoin News Today: Bitcoin Targets $140K as Analysts Call for Final ‘Explosive Phase’ of Rally🤔
• Bitcoin consolidation below $120K forms a classic bull pennant pattern, signaling a possible breakout to $136K–$140K.
Short-term pullback to $115K remains on the table as bulls prepare for the next leg higher.
Technical analysts identify additional bullish formations, including inverted head-and-shoulders and golden cross.
Bitcoin trades at $118,021 as of writing, with volume concentration around the $118K level.