BTCUSD Bitcoin is currently consolidating within a bull flag formation, suggesting a potential target of 100K by the end of this year or the beginning of next year. However, if the bull flag is invalidated, Bitcoin could move into the 30-40K range.
The stock market appears to be peaking, and there is a possibility that funds will flow from stocks to crypto soon.
Disclaimer This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and unpredictable. Always do your own research and consult with a qualified financial advisor before making any investment decisions. The author is not responsible for any losses or gains resulting from the use of this information.
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