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  1. Home
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  3. Bitcoin Setting Up a Bullish Megaphone Toward $160K

Bitcoin Setting Up a Bullish Megaphone Toward $160K

Scheduled Pinned Locked Moved Trading
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  • johnblockbusterJ Offline
    johnblockbusterJ Offline
    johnblockbuster
    wrote last edited by
    #1

    c4fc73e0-1e94-4778-9ebd-ab324e5afa78-image.png BTCUSDT has completed its previous falling wedge pattern, fully reaching its projected target.
    Price is now consolidating within a developing bullish megaphone structure, suggesting continued expansion and volatility.
    If structure holds, the next projected upside target points toward the $160K zone over the medium term.

    Meanwhile, there’s a CME gap around the $110K level, which could attract a sharp move toward that zone aligning with our buy-back region. If price revisits this area, it could present a strong buying opportunity before the next major upside leg.

    Share your thoughts in the comments don’t forget to like and share if you find this analysis helpful.

    Drop your altcoins below, and I’ll review and analyze them for you!

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