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by: xpoolPosted on: June 12, 2025

Bitcoin Breakout Targets $165K: Fibonacci Analysis Shows Potential Upside

Bitcoin has broken past the $105,000 resistance level, signaling a significant upward trend. Analysts point to an ascending triangle pattern on the weekly chart, suggesting potential for a breakout toward the target of $165,281 based on the 2.618 Fibonacci extension. This follows a similar pattern observed in previous bull runs.

Related posts:

  1. Bitcoin Breaks Through Resistance and Surges Past $98K
  2. Bitcoin Breaks $102K, Signals Strong Accumulation With Exchange Ratio Dip
  3. Bitcoin (BTC) Dips Below $103,000 USDT as Market Experiences Slight Decrease
  4. Bitcoin Breaks $111K Barrier, Repeats Past Chart Pattern for Potential New High
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