2024

Bitcoin

April

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<p>The post <a href="https://coinpedia.org/news/bitcoin-price-poise-for-major-breakout-top-analyst-aims-for-86k/">Bitcoin Price Poise For Major BreakOut, Top Analyst Aims For $86k&nbsp;</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p><a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a> (BTC) enthusiasts have their eyes set on a potential bullish breakout as the cryptocurrency forms a notable pattern on the daily timeframe chart. Renowned analyst Captain Faibik suggests that BTC is currently shaping a bullish flag pattern, if the breakout happens <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin price</a> will see a new all-time high, potentially reaching $86,000.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-forms-bullish-flag-pattern">Bitcoin Forms Bullish Flag Pattern</h2> 
<p>Bitcoin, the flagship cryptocurrency, is showing signs of a bullish flag pattern on its daily timeframe chart. However, the chart shared by Captain Faibik highlights the bullish flag formation, with clear upward and downward trendlines converging to create a flag-like pattern.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> is forming Bullish flag pattern on the daily timeframe chart. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br> In Case of an upside Breakout from the bullish flag, expecting a new all-time high in May. <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/270d.png" alt="✍" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://t.co/PZBKDs3VHZ">pic.twitter.com/PZBKDs3VHZ</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1782244627115844012?ref_src=twsrc%5Etfw">April 22, 2024</a>
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<p>If Bitcoin manages to break out above the upper trendline of the bullish flag pattern, analysts anticipate a significant price surge. The potential upside breakout could propel <a href="https://coinpedia.org/news/bitcoin-price-correction-completed-top-crypto-analyst-predicts-btc-rally-to-100k/">Bitcoin to achieve new record highs</a> in the coming month.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-bitcoin-eyes-for-86k">Bitcoin Eyes For $86k</h2> 
<p>According to Faibik’s price prediction chart, Bitcoin is anticipated to surge to approximately $74,000, testing its resistance level in the process. However, there might be some corrections along the way before <a href="https://coinpedia.org/price-analysis/bitcoin-price-rally-ahead-as-analysts-predict-15-20-surge-after-upside-breakout/">Bitcoin ultimately reaches</a> a new all-time high of $86,000.&nbsp;</p> 
<p>Also Check Out : <a href="https://coinpedia.org/news/bitcoin-price-correction-completed-top-crypto-analyst-predicts-btc-rally-to-100k/">Bitcoin Price Correction Completed: Top Crypto Analyst Predicts BTC Rally to $100K!</a></p> 
<h2 class="wp-block-heading" id="h-breakout-in-ascending-triangle">Breakout in Ascending Triangle</h2> 
<p>However, Crypto Rover, a prominent crypto analyst, shares a bullish outlook on Bitcoin, emphasizing the cryptocurrency’s breakout from an ascending triangle pattern.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw">#BITCOIN</a> ASCENDING TRIANGLE BREAKOUT! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>All targets are discussed in my pinned tweet! <a href="https://t.co/jzj2SSTPiz">pic.twitter.com/jzj2SSTPiz</a></p>— Crypto Rover (@rovercrc) <a href="https://twitter.com/rovercrc/status/1782287710146723942?ref_src=twsrc%5Etfw">April 22, 2024</a>
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<p><br>According to Crypto Rover’s technical analysis, Bitcoin’s price movement suggests a bullish momentum post-breakout. The ascending triangle pattern considered a bullish continuation pattern, indicates the potential for further price appreciation.</p> 
<p>Read More : <a href="https://coinpedia.org/price-analysis/bitcoin-price-reclaims-66000will-this-validate-a-bullish-continuation-of-an-upside-move/">Bitcoin Price Reclaims $66,000:Will This Validate a Bullish Continuation of an Upside Move?</a></p> 
<p>As of now, Bitcoin is trading at $66,400, reflecting a 1.9% increase over the last 24 hours, while its market cap hovers around $1.3 trillion.</p>

Bitcoin Price Poise For Major BreakOut, Top Analyst Aims For $86k

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