• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Bitcoin STH Realized Losses Far From 2021 Levels — Is The Bull Run Still On?

Bitcoin To $150,000? Crypto Expert Identifies Pattern That Could Define Next Leg Up

June 7, 2025
Investor fright over Reeves’ tears shows fragility of UK finances

Investor fright over Reeves’ tears shows fragility of UK finances

July 3, 2025
Bessent:  Expect to see about 100 countries get minimum 10% reciprocal tax

Bessent: Expect to see about 100 countries get minimum 10% reciprocal tax

July 3, 2025
Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming

Bitcoin Makes History With Highest Monthly Close, But Volume Is Still Bearish

July 3, 2025
Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

July 3, 2025
7 Steps To Figure Out How Much You Need To Retire Comfortably

The Best Personal Loans for Funding Your Next Big Step

July 3, 2025
Stocks making the biggest moves midday: FSLR, CRWD, DDOG, HOOD

Stocks making the biggest moves midday: FSLR, CRWD, DDOG, HOOD

July 3, 2025
Stablecoins might revolutionise payments, but what if they don’t?

Stablecoins might revolutionise payments, but what if they don’t?

July 3, 2025
How Health Care Remade the U.S. Economy

How Health Care Remade the U.S. Economy

July 3, 2025
From Sensual Butt Songs to Santa’s Alleged Coke Habit: AI Slop Music Is Getting Harder to Avoid

From Sensual Butt Songs to Santa’s Alleged Coke Habit: AI Slop Music Is Getting Harder to Avoid

July 3, 2025
How not to be fooled when you buy an algo – Trading Systems – 3 July 2025

How not to be fooled when you buy an algo – Trading Systems – 3 July 2025

July 3, 2025
Private equity’s clash of the titans

Private equity’s clash of the titans

July 3, 2025
A theory on why ADP and non-farm payrolls are diverging

A theory on why ADP and non-farm payrolls are diverging

July 3, 2025
Thursday, July 3, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Cryptocurrency

Bitcoin To $150,000? Crypto Expert Identifies Pattern That Could Define Next Leg Up

by Investor News Today
June 7, 2025
in Cryptocurrency
0
Bitcoin STH Realized Losses Far From 2021 Levels — Is The Bull Run Still On?
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Ad Disclosure

After an uninspiring start to the month of June, Bitcoin buyers have been left questioning what’s subsequent for the world’s largest cryptocurrency. Curiously, crypto analysts have at all times been a guiding gentle at any time when there may be uncertainty as to the premier cryptocurrency’s subsequent course. As such, a distinguished market knowledgeable has come ahead with an thrilling projection for the Bitcoin worth.

How Bitcoin Worth May Run Up To $150,000

In a latest submit on the X platform, Chartered Market Technician Tony Severino put forward an attention-grabbing evaluation of the Bitcoin worth. In accordance with the crypto market knowledgeable, the worth of BTC may journey as excessive because the $150,000 mark in its subsequent bullish part.

The reasoning behind this bullish projection is the formation of a bull flag sample on the each day timeframe of the Bitcoin worth chart. The bull flag is a technical evaluation sample characterised by a interval of steep upward motion (the flagpole) usually adopted by sideways or barely downward worth motion.

The bull flag is usually thought of a prevailing continuation sample for an current upward pattern, suggesting a possible transfer to a better worth level. Nevertheless, it’s crucial to attend for a profitable get away of the consolidation earlier than ascertaining that the worth will proceed in its upward trajectory.

Bitcoin

Supply: @TonyTheBullCMT on X

In accordance with Severino, the Bitcoin worth may effectively be on its technique to a brand new all-time excessive if this bull flag is legitimate and the worth efficiently breaks out of the sample. The goal for this chart sample is often decided by including the vertical top of the flagpole to the potential breakout level from the flag.

What Different Indicators Are Saying

Severino highlighted one other indicator and defined what it’s presently saying for Bitcoin’s subsequent leg up. For example, the crypto knowledgeable talked about that the Bollinger Bands are squeezing, which means that whereas there may be presently low market volatility, a big worth motion might be on the horizon.

Severino additionally talked about that the Bitcoin worth failed to succeed in the decrease band of the Bollinger Band indicator, which might be a “Head Pretend” earlier than the flagship cryptocurrency embarks on a contemporary upward run. Nevertheless, buyers would possibly need to be careful for a detailed above the $111,000 degree on the each day timeframe to verify a potential sustained uptrend.

An in depth beneath the decrease band, which sits simply beneath the $101,000 mark, may counsel draw back motion for the Bitcoin worth. As of this writing, the worth of BTC stands above $105,000, reflecting an virtually 2% improve previously 24 hours.

Bitcoin

The worth of BTC on the each day timeframe | Supply: BTCUSDT chart on TradingView

Featured picture from iStock, chart from TradingView

Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluate by our crew of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



Source link

Tags: BitcoincryptoDefineExpertIdentifiesLegPattern
Share196Tweet123
Previous Post

Forgotten 401(k) fees cost workers thousands in retirement savings

Next Post

Walmart says the consumer is doing fine

Investor News Today

Investor News Today

Next Post
Walmart has notified Chinese suppliers to resume shipping goods – report

Walmart says the consumer is doing fine

  • Trending
  • Comments
  • Latest
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Niels Troost has a staggering story to tell about how he got sanctioned

Niels Troost has a staggering story to tell about how he got sanctioned

December 14, 2024
Best High-Yield Savings Accounts & Rates for January 2025

Best High-Yield Savings Accounts & Rates for January 2025

January 3, 2025
Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

January 5, 2025
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
Investor fright over Reeves’ tears shows fragility of UK finances

Investor fright over Reeves’ tears shows fragility of UK finances

July 3, 2025
Bessent:  Expect to see about 100 countries get minimum 10% reciprocal tax

Bessent: Expect to see about 100 countries get minimum 10% reciprocal tax

July 3, 2025
Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming

Bitcoin Makes History With Highest Monthly Close, But Volume Is Still Bearish

July 3, 2025
Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states

July 3, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today