@orlandolanfordcr
Bitcoin's (BTC) newfound momentum, which has taken it above $60,000, could be part of the anchor that pushes the top cryptocurrency to a new record of $200,000, according to crypto trader TradingShot.
The analyst’s analysis is based on a sequence of technical patterns that indicate significant jumps in the Bitcoin rate.
Now, according to the calculation, Bitcoin is approaching the top of a four-month bull flag. TradingShot noted that this pattern is part of a larger, longer-term ascending channel pattern. Once BTC breaks the bullish flag, there will be a parabolic breakout to all-time highs.
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