🚀 Breakthrough with the flag: Why Bitcoin’s technical structure opens the way to $100,000?
Technical analysis of Bitcoin charts recorded the completion of the accumulation phase. The active stage formed a strong bullish pattern by breaking through zones of margin resistance and bearish limit walls.
Pattern.
The chart shows a classic execution of the “Bullish Flag” figure. After the vertical impulse, the price moved into consolidation, where the solid support line held at $74,748. The current breakout above the upper range marked at $83,170 signifies the end of accumulation.
Momentum.
The reversal clearly illustrates the RSI metric: after the sell-off, it returned to the upward vector at 64.55. This confirms the inflow of institutional capital into spot order books, ruling out the scenario of a false breakout. The target. Breaking through this structure triggers a mathematical move corresponding to the height of the previous flagpole. The next global goal becomes the psychological benchmark of $100,000. Attempts to short this impulse will only add fuel through liquidations.
$BTC
Subscribe to the channel—here we break down the maneuvers of big capital without any market illusions! 🚀
#Bitcoin #BTC #TechnicalAnalysis #BullishFlag #BinanceSquare
Technical analysis of Bitcoin charts recorded the completion of the accumulation phase. The active stage formed a strong bullish pattern by breaking through zones of margin resistance and bearish limit walls.
Pattern.
The chart shows a classic execution of the “Bullish Flag” figure. After the vertical impulse, the price moved into consolidation, where the solid support line held at $74,748. The current breakout above the upper range marked at $83,170 signifies the end of accumulation.
Momentum.
The reversal clearly illustrates the RSI metric: after the sell-off, it returned to the upward vector at 64.55. This confirms the inflow of institutional capital into spot order books, ruling out the scenario of a false breakout. The target. Breaking through this structure triggers a mathematical move corresponding to the height of the previous flagpole. The next global goal becomes the psychological benchmark of $100,000. Attempts to short this impulse will only add fuel through liquidations.
$BTC
Subscribe to the channel—here we break down the maneuvers of big capital without any market illusions! 🚀
#Bitcoin #BTC #TechnicalAnalysis #BullishFlag #BinanceSquare
