bullish

New BTC

Bull Flag

Bitcoin

<ul class="wp-block-list">
 <li>The Bitcoin price chart is breaking out of a massive bull flag.&nbsp;</li>  
 <li>The completed cup and handle formation is pushing BTC price towards previous ATH.&nbsp;</li>  
 <li>With Bitcoin (BTC) close October with a new ATH?</li> 
</ul>  
<p>The crypto market rejoices over the fact that Bitcoin (BTC) price almost reached its previous ATH of $73,700. Earlier today, BTC price went up as far as $73,400 before tracing back to the $72,500 price regions where it is currently attempting to surge once again. This raises expectations for Bitcoin to enter price discovery phase before the end of October.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-will-october-close-with-a-new-btc-ath">Will October Close With a New BTC ATH?</h2>  
<p>If October were to make a bullish close in a new ATH, this would be an exciting signal for what many hoped to see in a highly bullish Q4. With October seeing new highs, the rest of Q4 is likely to be highly bullish. Even if this were not the case and a new ATH is set in November, the bullish sentiment for much higher highs in Q4 is still highly possible.&nbsp;</p>  
<p>So far, the cycle top and Q4 top price prediction for Bitcoin (BTC) lies between $100,000 to $150,000. Furthermore, the cycle top top prediction lies between $220,000 to $550,000. Most recently, analysts expect BTC to set a trending top price between <a href="https://cryptonewsland.com/btc-breaks-71000-next-ath-126000/" target="_blank" rel="noopener noreferrer nofollow">$116,000 to $126,000</a>. Yet, for the moment, most analysts are hoping to see Bitcoin break past its previous ATH and set ahigh between <a href="https://cryptonewsland.com/broadening-wedge-points-to-88000/" target="_blank" rel="noopener noreferrer nofollow">$88,000 and $90,000</a>.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-bitcoin-s-massive-bull-breakout">Bitcoin’s Massive Bull Breakout</h2>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/DrProfitCrypto/status/1851234220217110776
 </div>
</figure>  
<p>Besides the fact that BTC is gearing to set a new ATH in the crypto market, one reputed and renowned crypto and Bitcoin analyst, <a href="https://x.com/DrProfitCrypto" target="_blank" rel="noopener noreferrer nofollow">Doctor Profit</a>, notices the reason behind the ongoing breakout. As we can see from the post above, this silver-tongued analyst known for his accurate prediction sees that BTC is breaking out of a massive bull flag on the weekly chart.</p>  
<p>In detail, he states that Bitcoin (BTC) price is about to spike and this is caused by a breakout from a completed bullish cup and handle formation. A breakout from here should propel the <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">price of BTC</a> into new ATH regions. While it is unsure how high this breakout will take Bitcoin, it is certain that new ATHs are on the horizon.</p>   
<p>The post <a href="https://cryptonewsland.com/bitcoin-breaks-out-of-a-massive-bull-flag/" rel="noopener noreferrer nofollow">Bitcoin Breaks Out of a Massive Bull Flag as BTC Price Aims for Previous ATH, Will October Close in a New BTC ATH?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin Breaks Out of a Massive Bull Flag as BTC Price Aims for Previous ATH, Will October Close in a New BTC ATH?

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