Bitcoin is reportedly entering a new expansion phase, potentially setting the stage for a 150% surge to $180,000, according to analysts. Historical patterns suggest Bitcoin's price movements follow cycles of expansion and correction, with each pullback laying the groundwork for subsequent gains. Recent market activity, including a $1.17 billion long liquidation, has created conditions for a possible short squeeze, which could drive prices higher.
Analysts highlight that Bitcoin's trendline integrity and market sentiment remain strong, with consolidation above key support levels likely to precede the next major price movement. If the current pattern holds, Bitcoin could see significant upward momentum, continuing its long-term uptrend.
Bitcoin Poised for Potential 150% Surge to $180K Amid Expansion Phase
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