Bitcoin's Next Leg Up? Charting the Path to $143K! 🚀

Alright team, let's break down this juicy $BTC daily chart and see what's cooking. Bitcoin is showing compelling signs of a powerful continuation!

Following a significant rally, $BTC is in a bullish consolidation, forming a textbook pennant/contracting triangle. This pattern typically precedes more upside. We have strong support at $97,500 (a prior resistance) and current action around $112,500, building momentum. The projected upside target from this setup is a formidable $143,500, indicating a potential new all-time high.

$BTC's 1D chart is consolidating in a strong bullish pattern, eyeing a potential break toward $143,000. 🔥

My take? This consolidation is a healthy reset before the next major leg up. Watch for a confirmed breakout with strong volume. Accumulating on dips towards the pattern's lower trendline offers an attractive entry for long-term holds.

Highly recommend HOLD and Stacking $BTC at Binance.

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