$BTC Bitcoin Could Hit $148K as Market Gears for Breakout.

$BTC Bitcoin has dropped 7.8% over the past three weeks, but analysts see this as a final shakeout before a major rally. It recently reclaimed its 50-day EMA support—a key level that previously triggered a 25% rebound. Analyst BitBull predicts a potential bottom around $110K–$112K before a surge.

A bullish inverted head-and-shoulders pattern suggests a breakout target of around $148K, aligning with the broader $150K projection for 2025. Onchain data from CryptoQuant supports this, showing similar cooling periods after major whale sell-offs have historically led to new highs.
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