Bitcoin Technical Analysis Suggests Possible Accumulation and Bull Flag Pattern Pointing to $130K+ Target
The post Bitcoin Technical Analysis Suggests Possible Accumulation and Bull Flag Pattern Pointing to $130K+ Target appeared on BitcoinEthereumNews.com. Bitcoin’s current consolidation phase is masking a significant accumulation trend, signaling a potential breakout that could push prices beyond $130,000. Technical indicators such as On-Balance Volume (OBV) and the formation of a bull flag pattern suggest that smart money is quietly building positions ahead of a major upward move. According to market analyst Cas Abbé, the rising OBV during price consolidation is a classic sign of hidden accumulation, often preceding substantial rallies in Bitcoin’s price. Bitcoin’s rising On-Balance Volume amid consolidation hints at hidden accumulation and a bull flag pattern, projecting a potential breakout to $130K+ by Q3 2025. ‘, ‘
The post Bitcoin Technical Analysis Suggests Possible Accumulation and Bull Flag Pattern Pointing to $130K+ Target appeared on BitcoinEthereumNews.com.
Bitcoin’s current consolidation phase is masking a significant accumulation trend, signaling a potential breakout that could push prices beyond $130,000. Technical indicators such as On-Balance Volume (OBV) and the formation of a bull flag pattern suggest that smart money is quietly building positions ahead of a major upward move. According to market analyst Cas Abbé, the rising OBV during price consolidation is a classic sign of hidden accumulation, often preceding substantial rallies in Bitcoin’s price. Bitcoin’s rising On-Balance Volume amid consolidation hints at hidden accumulation and a bull flag pattern, projecting a potential breakout to $130K+ by Q3 2025. ‘, ‘
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