BTC Reclaims Broken Trend Line and Forms Bull Flag Structure :
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Connecting the May 19 and June 5 lows reveals a descending parallel channel—better known as a bull flag. This pattern typically leads to a breakout above resistance, a pullback to confirm the breakout, and continued upward momentum. The price target depends on how we define the flag pole: measuring from $74k to $112k gives a 50% upside to $164k, while a more conservative flag pole from May 6 implies a 20% move to $130k.
Using the 2025 Fibonacci extensions, three overhead resistance levels become evident: the $109k–$111k zone, $121k, and $139k. These are logical take-profit areas or points of interest if BTC continues to climb. While the timeline is uncertain, the price potential is mapped out.
NOTE: Speculation . Verify from other sources as well , do not rely solely on this article .