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🚀💰 Bitcoin Off and Running Into Next Stage of Bull Market! 💰🚀 Two weeks after reaching an all-time high just shy of $74,000, bitcoin is on a relentless climb back toward this pinnacle. Once it conquers this milestone and holds steady above it, brace yourself for potential rapid price expansion! 📉 A supply shock like no other: With the current daily supply of bitcoin from the network hovering around 900 BTC, the buying pressure from just the Blackrock and Fidelity Bitcoin ETFs often surpasses this figure. Plus, with the supply set to halve in April, we're primed for a supply shock of unprecedented proportions. 📈 Bull flag breakout: In the short-term hourly chart, $BTC has already broken out of its bull flag. The projected move for the flag could propel the price to $76,000 and beyond, marking a new high. 📉 Inverse head and shoulders pattern: Zooming out to the 4-hour timeframe reveals bitcoin's play of an inverse head and shoulders pattern, suggesting a measured move to $74,400. Both patterns indicate a trajectory above the previous all-time high. 📊 Correlation with stock markets: Bitcoin's movement is also influenced by the stock markets. Currently, indices like the Nasdaq 100 and S&P 500 are soaring, suggesting further price expansion. For bitcoin, this could mean intensified upward momentum, albeit with inevitable corrections along the way. 🎯 Price targets and uncertainties: While conservative estimates point toward $100,000 for bitcoin, the future remains uncertain. Fibonacci extensions and market dynamics offer insights, but remember, trade carefully and stay informed. 📝 Disclaimer: This article serves for informational purposes only and does not constitute financial or investment advice. Always conduct thorough research and exercise caution in trading decisions. Keep your eyes on the charts and buckle up for the next leg of the bitcoin bull run! 🌟📈 #Bitcoin #BullMarket #CryptoBoom #ToTheMoon 🌕🚀 Follow | Like ❤️ | Quote 🔄 | Comment

🚀💰 Bitcoin Off and Running Into Next Stage of Bull Market! 💰🚀

Two weeks after reaching an all-time high just shy of $74,000, bitcoin is on a relentless climb back toward this pinnacle. Once it conquers this milestone and holds steady above it, brace yourself for potential rapid price expansion!

📉 A supply shock like no other:

With the current daily supply of bitcoin from the network hovering around 900 BTC, the buying pressure from just the Blackrock and Fidelity Bitcoin ETFs often surpasses this figure. Plus, with the supply set to halve in April, we're primed for a supply shock of unprecedented proportions.

📈 Bull flag breakout:

In the short-term hourly chart, $BTC has already broken out of its bull flag. The projected move for the flag could propel the price to $76,000 and beyond, marking a new high.

📉 Inverse head and shoulders pattern:

Zooming out to the 4-hour timeframe reveals bitcoin's play of an inverse head and shoulders pattern, suggesting a measured move to $74,400. Both patterns indicate a trajectory above the previous all-time high.

📊 Correlation with stock markets:

Bitcoin's movement is also influenced by the stock markets. Currently, indices like the Nasdaq 100 and S&P 500 are soaring, suggesting further price expansion. For bitcoin, this could mean intensified upward momentum, albeit with inevitable corrections along the way.

🎯 Price targets and uncertainties:

While conservative estimates point toward $100,000 for bitcoin, the future remains uncertain. Fibonacci extensions and market dynamics offer insights, but remember, trade carefully and stay informed.

📝 Disclaimer: This article serves for informational purposes only and does not constitute financial or investment advice. Always conduct thorough research and exercise caution in trading decisions.

Keep your eyes on the charts and buckle up for the next leg of the bitcoin bull run! 🌟📈 #Bitcoin #BullMarket #CryptoBoom #ToTheMoon 🌕🚀

Follow | Like ❤️ | Quote 🔄 | Comment

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