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Bitcoin's Triangle Bottom: $120K Breakout Imminent?
Bitcoin is on the brink of a major breakthrough! In this video, we delve into the intriguing triangle bottom pattern forming on Bitcoin's chart, echoing similar setups from late 2023 and 2024. With BTC currently consolidating below $90,000, technical analysis reveals the potential for a powerful upward movement. We'll explore key resistance levels, the significance of the 200-period moving average, and how historical price dynamics could foreshadow a surge towards the $120,000 mark. Don't miss our insights on the Fibonacci extension levels and what this could mean for Bitcoin's future through 2025.
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#Bitcoin #CryptoNews #BTC #Cryptocurrency #TriangleBottom #TradingAnalysis
OUTLINE:
00:00:00 Bitcoin's Triangle Bottom: $120K Breakout Imminent?
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