This Bitcoin formation set to trigger a rally to $120,000
A cryptocurrency trading expert is predicting that, based on technical indicators, Bitcoin (BTC) might be in the process of forming a bottom before an explosive rally to a new all-time high. This outlook comes as Bitcoin continues to consolidate below the $90,000 mark amid a broader market sell-off. According to the Analysis , Bitcoin has formed a ‘triangle bottom’ pattern, similar to those seen in September 2023 and August 2024, suggesting that history may be about to repeat itself, TradingShot noted in a TradingView post on March 7. Picks for you AI predicts Bitcoin price for March 31, 2025 20 hours ago What’s going on with the Brazilian Real vs. Dollar (USD/BRL) amid tariff wars? 1 day ago ...