key points:
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The “Cleanst Trend Indicator” of Bitcoin has a sharp shining for the first time from mid -2024.
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As a result of the previous signs, the BTC price in the coming year topped the blow-off.
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The market commentators remain faster on the price trajectory during the latest all-time high after the latest all-time of bitcoin.
Bitcoin (BTC) It is designed for its “next major leg up”, as a long -term indicator triggers for the first time between Trigger -2024.
Analysis Uploaded On 28 May, a “clear” BTC price breakout signal for X by the trading account Stockmani Lizard was described.
Analysis on bitcoin breakout signal: “We are there”
Like Bitcoin 2016 and 2020, it is ready to repeat his run on a bicycle top, the stockman lizard report.
Customized Trend Tracker (OTT) tool, which provides price trend insights using moving average and average True range data, is primed for the next blow-off top of bitcoin.
“The pattern is so clear that it hurts,” X post claims, the OTT “the most clean trend indicator you can use for macro trick.”
In the previous cycles, the price retained the cluster of the OTT trend lines, going to high after cementing them as support. This time, there have been two retract episodes, with the latter now appearing to come to the end.
“We just exited the monthly OTT band. Again,” the post is the conclusion.
“OTT bands show you when the property is ready for its next major leg – and we are there.”
In terms of goals, stockman lizard Offer Up to $ 200,000, up to $ 250,000 next year with potential “expansion” for 2025.
Unanimously calls for $ 120,000 BTC price
As Coincidence reportBitcoin bull continues despite optimism data on the market Cointelegraph Market Pro And Tradingview Showing the value inside its latest consolving structure.
Connected: Keep buying bitcoin whales as BTC price Dip target contains $ 94K
Look at near-$ 130,000 or more, even the market shuts down both Ecological economic development And High-profile speakers At the ongoing bitcoin 2025 conference.
In the last year’s conference, 30% BTC price before accident, Leading for concerns This “market memory” can give uniform results in 2025.
Investigating market activity, onchain analytics firm Glassnode similarly sees a journey of $ 120,000 on the horizon as part of the price search.
“As the market price goes into a phase of search, the $ 120K level appears as a major area of interest, with the hope of accelerating the area and its surroundings,” Combine in the latest version of its regular newspaper, “Week onchain,
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
