Crypto Bull®
$BTC An upward move is expected after a breakout with a candle close above the pennant. ➖➖➖➖➖ Crypto Bull®
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Historically, Bitcoin bull markets peak between 518-546 days after a halving event. However, this cycle is showing signs of accelerating by roughly 100 days. This hints at a potential peak around mid-May to mid-June 2025.
The accelerated timeline could bring more excitement and opportunities for investors.
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Crypto Bull®
The accelerated timeline could bring more excitement and opportunities for investors.
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Crypto Bull®
Cumulatively, #BTC ETFs have already accumulated more than 925,000 BTC - Sentiment data
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Crypto Bull®
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Crypto Bull®
$BTC
Each time the price action attempts to break out of its resistance level, it gets rejected, which indicates weakening upward momentum.
Currently, the price action is consolidating and moving within a descending channel pattern, suggesting further downward movements 📉 might be expected if the price action fails to break this bearish structure.
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Crypto Bull®
Each time the price action attempts to break out of its resistance level, it gets rejected, which indicates weakening upward momentum.
Currently, the price action is consolidating and moving within a descending channel pattern, suggesting further downward movements 📉 might be expected if the price action fails to break this bearish structure.
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Crypto Bull®
Crypto Bull®
$BTC The next target is around $66.5K. ➖➖➖➖➖ Crypto Bull®
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