List of Flash News about Bitcoin BTC price analysis
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2025-06-15 10:47 |
Bitcoin (BTC) Price Analysis: Breakout Retest Mirrors Q4 2024 Pattern, Potential Upside Ahead
According to Cas Abbé, Bitcoin (BTC) has recently experienced a breakout followed by a retest of its breakout level, a pattern similar to what occurred in Q4 2024. At that time, BTC rallied by 50% post-retest. While the current market capitalization is higher, which may limit the scale of upside in the upcoming months, the historical setup suggests that the recent retest could act as a strong support for further bullish moves. Traders monitoring BTC should consider this pattern as a potential indicator for a renewed upward trend, especially as technical analysis points to similar momentum as the previous cycle (source: Cas Abbé on Twitter, June 15, 2025). |