BTC Quick Update: Bull Flag Breakout in Sight, Targeting $80k!
2024-10-27

Hey everyone!

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Welcome to this quick BTC Update!

BTC is currently trading around $67.5k and moving within a bull flag structure on the 4-hour time frame. A breakout from this flag is still pending, and there’s a chance we might see a brief drop to  FWB:65K  on Monday before a breakout occurs.

Once this bull flag breaks, the target is set at $80k.

Entry Range:  FWB:65K -$66k
Target: $80k
Invalidation: 4-hour close below  FWB:65K 

What do you think of BTC’s current price action? Are you seeing this bullish setup as well? Share your analysis in the comments, and let’s ride this wave together! 