Bitcoin Boasts Potential for a 14.5% Rally Towards $126,296

Recent technical analysis suggests that Bitcoin may experience a significant price surge of up to 14.5%. This bullish outlook is based on the formation of a divergence pattern, where the asset’s price continues to rise while its RSI shows lower lows, indicating renewed buying activity. The consolidation phase is projected to culminate in a breakout above $115K-$126K resistance, driven by strong demand and accumulation from large holders.