₿ Bitcoin: The Quiet Leader in This Reset
While equities were panicking, Bitcoin held its ground. In fact, its correction came earlier—testing $74,000 before bouncing from the lower boundary of its falling wedge pattern.
Technically, Bitcoin is now breaking out to the upside, with a potential price target of $111,000 based on the wedge structure. More importantly, we’ve seen multiple buy signals across daily timeframes, as well as bullish on-chain data since early April.
A standout signal? The rare Hash Ribbons Buy indicator, which flashed on March 24. This signal has historically preceded major bull moves and adds conviction to our outlook.
As liquidity rises and the Fed prepares to shift, Bitcoin may not just recover—it may lead the market higher.
📌 Summary:
Bitcoin has broken out of a bullish pattern with strong technical and on-chain support. With liquidity improving, we see BTC as one of the strongest assets heading into the second half of 2025.
While equities were panicking, Bitcoin held its ground. In fact, its correction came earlier—testing $74,000 before bouncing from the lower boundary of its falling wedge pattern.
Technically, Bitcoin is now breaking out to the upside, with a potential price target of $111,000 based on the wedge structure. More importantly, we’ve seen multiple buy signals across daily timeframes, as well as bullish on-chain data since early April.
A standout signal? The rare Hash Ribbons Buy indicator, which flashed on March 24. This signal has historically preceded major bull moves and adds conviction to our outlook.
As liquidity rises and the Fed prepares to shift, Bitcoin may not just recover—it may lead the market higher.
📌 Summary:
Bitcoin has broken out of a bullish pattern with strong technical and on-chain support. With liquidity improving, we see BTC as one of the strongest assets heading into the second half of 2025.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.