🚀 #Bitcoin surges! 📈

- BTC hits a new weekly high, up 12% in the past 7 days, and up 31% this month, nearing ATH.

- Technical analysis shows an upward trend, BTC could increase another 40% in the near future.

- The "pennant" pattern could push BTC prices up to $125K, but there is only a 54% chance of success.

- Long-term prediction: BTC could reach $130K-$145K by the end of 2024 according to Elliott Wave theory.

- Coinbase premium decreases, indicating that American investors are slowing down. 🧐

- Trading volume below $100K reaches a 3-year peak, which could create "exit liquidity" for whales.

- BTC needs to break $93,421 to move towards $100K.

What do you think about this trend? Share your thoughts! 💬 #Crypto #Blockchain #Finance