Decoding the BTC Bull Run: Insights from Key Bullish Patterns
2024-11-16

The hidden secret behind every bull run lies in the patterns and setups that precede it. The current BTC bull move emerged after a prolonged accumulation phase, which many mistook for distribution. This accumulation manifested in two powerful bullish patterns: a bullish flag formation and a mega descending broadening wedge formation. These formations strongly signaled the massive rally we’ve witnessed, which is why we have maintained a bullish outlook since identifying them.

This analysis highlights these formations and their final targets, providing valuable insight into the potential target for the current bull run. Review the chart for a clearer understanding and share your thoughts on our projected target.

Enjoy, trade responsibly, and keep it simple!