Bitcoin megaphone pattern targets $260K as BTC price screams ‘oversold’


Bitcoin megaphone pattern targets 0K as BTC price screams ‘oversold’


Bitcoin’s price deviates 12% from its all-time high, but an oversold STH MVRV metric could trigger a breakout toward $260,000.

Key takeaway:

Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle.

Signs of panic from BTC short-term holders hint at a potential local bottom.

Read more



Source link