Despite a sideways market, Bitcoin traders remain optimistic, with many predicting a significant price increase. The crypto community consensus is not bearish, suggesting the bull market is ongoing. Trader Alan Tardigrade highlights an upward trend in Bitcoin's expanding wedge pattern, noting past increases of 49%, 125%, and 68% when this signal appeared. Additionally, trader Merlijn identifies a classic inverted head and shoulders pattern, forecasting a potential near-term target of $140,000 for Bitcoin.
Traders Predict Bitcoin Could Reach $140,000 Amid Bullish Sentiment
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