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BTC FINAL TARGET IN THIS BULL RUN 2025 🤑💰💸 Bitcoin (BTC/USD) price chart from TradingView, showing price action up to August 12, 2025. Here’s a breakdown of what’s in the chart: 1. Chart Type Candlestick Chart: Each candlestick represents a time period (likely daily, given the length of the chart), showing open, high, low, and close prices. Red candles = closing lower than opening. Green candles = closing higher than opening. 2. Timeframe Covers the period from around October 2024 to August 2025. The x-axis shows dates, and the y-axis shows BTC price in USD. 3. Price Action In late 2024, BTC rose sharply from below $60,000 to over $100,000. Early 2025 saw a pullback down to around $80,000. Since March 2025, BTC has been in a clear upward channel. 4. Upward Channel The channel is shaded in light orange, with: Upper boundary: Resistance line. Lower boundary: Support line. Dashed midline: Median trend path. Price is currently near the middle-top section of the channel. 5. Current Price Around $119,305 USD (as shown on the right axis). This is close to the mid-upper area of the channel. 6. Target Annotation "BTC Final Target" is labeled with a green arrow pointing to the upper boundary of the channel. The target zone appears to be around $135,000 USD. 7. Interpretation This suggests a bullish trend with a projected final upward move toward the top of the channel. If the trend continues, BTC could potentially reach the $130K–$135K range. However, if BTC breaks below the lower channel line, it would signal possible trend weakness. 8. Context This type of chart is often used in technical analysis to forecast price targets based on trend channels. The pattern implies gradual bullish momentum rather than a sudden spike. #BTC #BullRunAhead #bullish #analysis #130KLoading
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