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Bitcoin appears to be breaking out

lieutenantdan - 2025-01-17 21:23:06

Bitcoin looks like it is ready to make a larger move higher


The price of bitcoin is finally on the upswing again, and this may be just the beginning.


We had a multi month consolidation which appears to know be breaking out of.



(Source: https://cointelegraph.com/news/bitcoin-price-on-track-180k-2025-interview-filbfilb)


If we do indeed break out the next spot is something like $125k to $130k area.


The measured move points to a breakout heading to those levels over the coming weeks.