Bitcoin’s Short-Term Speculators Show Signs of Capitulation After $108K Dip
Key takeaway: Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle. Signs of panic from BTC short-term holders hint at a potential local bottom. Bitcoin (BTC) price action has painted bullish megaphone patterns on multiple time frames, which may propel BTC to new record highs, according to analysts. BTC price can reach $260,000 … Read more