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šŸš€ Bitcoin Primed for Explosive Rally as Bullish Pattern Emerges—Strong Support Holds Firm

šŸš€ Bitcoin Primed for Explosive Rally as Bullish Pattern Emerges—Strong Support Holds Firm

Published:
2025-07-21 14:58:18
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Bitcoin Poised for Breakout Amid Bullish Pattern and Strong Support

Bitcoin's chart is flashing green as a classic bullish pattern takes shape—just as institutional money starts circling like sharks at a yacht party.

The setup: A textbook ascending triangle has formed on the daily chart, with each higher low testing a key resistance level. The $64K support floor has held through three separate assaults since June, creating what traders call a 'springboard' formation.

Why it matters: When these patterns resolve, they typically send prices soaring 18-22% within weeks. The last time BTC showed this formation was January 2024—right before its 34% moonshot.

Market pulse: Open interest in BTC futures just hit a 90-day high while funding rates remain neutral—the sweet spot before big moves. Meanwhile, Wall Street's latest 'crypto is dead' narrative lasted exactly as long as their last failed short position.

Either we're witnessing the calm before the storm...or another masterclass in how traditional finance consistently misreads digital asset cycles. Place your bets.

|Square

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