Bitcoin Bull Pennant: Analyst Predicts $140,000 Target After Breakout
A bitcoin bull pennant shows big price moves ahead. The cryptocurrency market volatility pushes for $140,000 soon. Expert Ali uses crypto investment strategies to spot this pattern. Bitcoin sits at $94,448 as traders watch closely. What if instead of the head-and-shoulders top everyone is talking about, #Bitcoin $BTC is actually forming a bull pennant, targeting $140,000 next? pic.twitter.com/50iE0xJGXp — Ali (@ali_charts) January 11, 2025 Also Read: Binance’s BNB Predicted To Hit New High After Trump’s Oath Understanding Bitcoin Bull Pennant and Its Potential for $140K Target in Crypto Market Volatility Source: Watcher Guru Bull Pennant Formation Points to Major Upside Source: X “Bitcoin is likely to be trading within a triangle formation that is usually a bullish pennant,” states Ali. The bitcoin bull pennant forms between $86,897 and $106,777. High cryptocurrency market volatility suggests a jump soon. Charts show $144,332 as the top target. The price shot up before this ...