Bitcoin indicators hint for an ‘incredible 12-month rally’
As Bitcoin (BTC) recently broke through the $70,000 resistance level, its technical patterns hint at a substantial rally over the next 12 months, as prominent analysts highlighted. This move from a seven-month bearish megaphone pattern, which had previously kept BTC’s price in a consolidation phase, marks a significant bullish shift. According to an October 28 TradingView Analysis by TradingShot , this breakout is reinforced by three key indicators, suggesting BTC could be on the cusp of a powerful rally in the year ahead, potentially targeting the $200,000 mark. Picks for you AI predicts XRP price for year-end 14 mins ago Fuse to launch FUSE token on Bitget 28 mins ago