Bitcoin is going to hit 140,000? This time it's not a dream, but a "flag" signal!
CoinDesk analyst Omkar Godbole: Bitcoin is in a textbook-level "bull flag" structure - this is one of the most classic technical forms in the acceleration phase of the bull market!
What does it mean? That is to say, after a wave of violent pull-ups, Bitcoin is entering a low-volume, low-volatility consolidation phase, like a fully drawn arrow, ready to go.
Here comes the key point:
As long as it breaks through $109,000, it will directly open the door to $146,000!
This flag consolidation is like a breather for the bulls to drink water and prepare for the next acceleration.
But note:
This is only a possibility in terms of form. If it fails to hit $109,000, the flag will become a "fake move" or even a "cliff". But once the breakthrough is successful - the main upward wave of the market has just begun!
Do you want to wait for 146K to chase higher, or do you want to keep an eye on this "bull flagpole" now?
Don’t wait until the next wave of market comes to say “I saw this pattern at that time”…
#BTC #BSW #ETH #Sei #fun $BTC $SOL $MOVE