Could this be a new take-off
2025-02-12
Category: None

If we look at BTC structure we could believe with me that BTCUSDT is setting up for a massive breakout with a classic flag-and-pole formation in play!  After a 27% explosive rally from the external demand zone, price faced rejection at the external supply area, forming a perfect bull flag, a potential textbook sign of bullish continuation.

The recent corrective phase has been smart money accumulation, with liquidity grabs shaking out weak hands before the next big move!

The immediate demand zone has held strong, and that fakedown?  Pure liquidity engineering!

With a breakout from the descending channel, bulls are regaining control, setting up for a surge toward $108,089 first, before aiming for the flag-and-pole target at $120,843!  If BTC flips the external supply zone into support, we could see new highs unlocked!