randomm

Bitcoin Poised For $120,000 Rally As Wyckoff Accumulation Hits Final Phase, Analyst Says

As Bitcoin (BTC) trades within striking distance of its all-time high (ATH) of $108,786, recorded earlier this year in January, several indicators suggest that sustained bullish momentum could soon push the top cryptocurrency to new highs.

In a recent post on X, crypto analyst Ted Pillows highlighted that BTC has entered the final phase of the Wyckoff Accumulation pattern. According to Pillows, Bitcoin’s ongoing consolidation just above $100,000 is a “good sign.”

Bitcoin Poised For $120,000 Rally As Wyckoff Accumulation Hits Final Phase, Analyst Says

As Bitcoin (BTC) trades within striking distance of its all-time high (ATH) of $108,786, recorded earlier this year in January, several indicators suggest that sustained bullish momentum could soon push the top cryptocurrency to new highs.

In a recent post on X, crypto analyst Ted Pillows highlighted that BTC has entered the final phase of the Wyckoff Accumulation pattern. According to Pillows, Bitcoin’s ongoing consolidation just above $100,000 is a “good sign.”

https://bitcoinist.com/bitcoin-poised-for-120000-rally-as-wyckoff-accumulation-hits-final-phase-analyst-says/