Bitcoin Mirrors Past Patterns, Prompts $119K Target Predictions

Bitcoin price is demonstrating a familiar pattern, reminiscent of 2021 and 2023, prompting attention from traders and analysts. Over the past seven weeks, BTC has traded with consistent green candles on its weekly chart. This repeated success followed by an eighth red candle is raising eyebrows, as seen in both previous instances. Traders anticipate a pullback or sideways movement before Bitcoin climbs higher. 2021 and 2023 saw similar outcomes.