#BITCOIN
Title
Technical Analysis of Bitcoin in Daily ChartđđŒ
Subtitle
A Breakthrough beyond $61,000: Bullish Signals and Growth Outlookđ„đ„đ
Introduction
Bitcoin (BTC) recently broke a critical compression zone located around $61,000. This breakout is accompanied by the formation of a double bottom pattern, reinforced by three bullish flags, which suggests significant growth dynamics. The initial target is to breach the $73,000 and $80,000 thresholds, with bar extension projections potentially reaching all-time highs.đŠđŒđŒ
Summary
Bitcoin is showing significant bullish signs after breaking the resistance at $61,000. The double bottom pattern observed, coupled with three bullish flags, indicates a potential rise towards $73,000, then $80,000. Predicted bar extensions suggest aggressive targets: 1,272 at $89,552.40, 1,414 at $98,074.22, and 1,618 at $109,813.59. These projections highlight substantial growth potential and a major trend shift in the Bitcoin market.đ„đđŠ
Hashtags
8230774679#BTC#TechnicalAnalysis#Crypto#Trading#DoubleBottom#BullMarket #CryptoInvestingđđ„đ
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