🚀 $BTC /USDT – Has the launch sequence begun? A breakout of the ascending flag looms on the horizon! 🔥📈
After an astonishing technical rebound from the 50-day moving average, $BTC is now testing the top of the descending channel — just like it did in the May–June pattern.
📌 Three daily candles have bounced from the blue trendline, indicating accumulated bullish pressure.
📌 The MACD indicator is on the verge of forming a new bullish crossover, similar to the previous pattern that pushed the price towards a historic peak.
🔍 _What does this mean?_
• If the current channel is broken, the ascending flag pattern will be confirmed.
• The first technical target: $140,000 (+25.45%)
• The extended target: $148,000 – Fibonacci extension 2.0, as predicted by Cointelegraph and CryptoQuant analysts.
📊 _Market outlook:_
• Momentum is turning positive, and the RSI is rising from oversold areas.
• Support at $113,150 – $113,682 has proven effective in resisting pullbacks.
• Closing above $117,350 will be a signal to launch towards higher targets.
🎯 _Is history repeating itself?_
Yes, but cautiously. Among the last 3 similar sequences, one was incorrect. However, the current formation is closer to the "ideal bottom" that preceded major breakouts in previous cycles.
📲 Share your predictions: Are we seeing $140K first? Or is $148K the real target?
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