Bitcoin

<ul><li>Yoddha&#39;s analysis suggests Bitcoin&#39;s stability phase is the calm before the storm, hinting at a major upward move.</li><li>Bitcoin forms a bullish pennant, signaling a potential breakout towards a new all-time high, says analyst Yoddha.</li><li>Anup Dhungana notes the total crypto market cap is coiling, indicating the end of consolidation and a big move ahead.</li></ul>Renowned analyst Yoddha has recently shared compelling insights that have captured the crypto community&#39;s attention. In a recent X post, the analyst <a href="https://x.com/CryptoYoddha/status/1800777553248215189" rel="noopener noreferrer nofollow">highlighted</a> an intriguing pattern in Bitcoin&#39;s current trading behavior. Despite experiencing two consecutive bearish weekly closes, Bitcoin remains resilient, trading at a consistent price level.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd32e067rrGwRvi8dwdOA-NVfZ6PzyLByodpCS2KlBtMuO5rSxMKWGYpi6reOTgzWF6RCCA6Ws-tQzBC3Cs2e1IekFdn_AKc_ONbXpMFnYWddfVqyPz7fACCiJOPsdY0_fPElDDlZv1XfzorWJfYw3A5h3C?key&#61;YY_JksKA7gpcDGoJjcAxYA" />Yoddha&#39;s analysis suggests that this stability phase might be the calm before the storm. He identified a bullish pennant formation, a technical pattern that typically signals a potential breakout. According to Yoddha, this bullish pennant indicates that Bitcoin could soon shatter its current price ceiling, propelling it toward a new all-time high (ATH).<a href="https://cryptotale.org/bitcoin-bullish-pennant-signals-potential-breakout-to-new-all-time-high-report/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin Bullish Pennant Signals Potential Breakout to New All-Time High: Report

CryptoTale

Other articles published on Jun 13, 2024

MetaMask Launches Staking Service, Allowing Users to Pool and Stake Ether Below 32 ETH Minimum

Bitcoin, Ethereum, Dogecoin Fail To Sustain Uptrend After Fed's Hawkish Guidance: Analyst Forecas...

Paxos Workforce Cut Affects 20% While Company Is in a Strong Financial Position

Injective (INJ) Surged By 6% Today Following PYUSD Integration

EU Banking Authority Finalizes MiCA Crypto Framework

Terraform Labs Announces Dissolution Following $4.7 Billion SEC Settlement

Join our free newsletter for daily crypto updates!