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by: xpoolPosted on: May 15, 2025

Will Bitcoin’s $104.9K Breakout Ignite the Next Run to $200K?

Bitcoin is approaching a crucial inflection point, currently hovering around the $101.9K support level. An upward break above the resistance at $104.9K could signal a significant bull run towards $200K. This potential breakout is supported by technical analysis suggesting an ascending triangle pattern, with buyers looking to push past the resistance and confirm a sustained bullish trend.

Related posts:

  1. Bitcoin’s Double Top Pattern: Could It Signal a Bearish Reversal?
  2. Bitcoin’s 50-Day EMA Set to Cross Over, Potentially Triggering a New Bull Run
  3. Bitcoin Breaks Above Resistance: New Technical Signal Suggests Bullish Trend
  4. Bitcoin and Strategy Show Bullish Signals with Golden Cross
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