The cryptocurrency market is once again at the edge of a seismic shift. Following the recent uptrend, Bitcoin (BTC) has established a formidable Bull Flag on the daily chart. By utilizing a trend-based Fibonacci extension on top of the current Bull Flag, we can identify the coveted 'golden pocket' positioned at $126,000, with the subsequent target level at an impressive $185,000.
If historical patterns hold true, this year is set to be another record-breaking period for Bitcoin and the broader crypto market. Investors and enthusiasts alike should prepare for a potentially parabolic movement. Fasten your seat belts, an exciting journey awaits.
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