strong buy

Bitcoin's Bullish Butterfly Pattern Points to $113K Outlook

Bitcoin is currently developing an uncommon bullish Butterfly Harmonic Pattern at crucial support levels. Should this pattern be validated, it could lead to a price target of $113,000, indicating a possible rise to new all-time highs within the upcoming weeks.
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AI Analysis

The formation of a bullish Butterfly Harmonic Pattern in Bitcoin indicates a potential reversal from the current support level. Such patterns are rare and are considered reliable indicators in technic...

AI Recommendation

Given the potential bullish setup presented by the harmonic pattern, traders might consider preparing for a long entry if the pattern confirms, focusing on key support levels for confirmation. While t...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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