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Thi is the worst time to be bearish
Let me tell you a secret
Look at the big picture:
• Bitcoin has spent the last 18+ months consolidating inside a massive symmetrical triangle after the 2022 bear market low.
• It just broke and closed above the upper resistance of that multi-year triangle with extreme conviction (that huge blue candle).
• The breakout took out the previous all-time high zone (~$73k–$74k from 2024) like it wasn’t even there.
• Volume on the breakout is expanding, retests of the broken trendline have been shallow and quickly bought up.
• The long-term 40-week SMA (shown in orange) is still sloping gently up and acting as dynamic support – classic bull market behavior.
Technically, symmetrical triangles in bull markets are continuation patterns. Once the upper boundary breaks, the measured move (height of the triangle added to breakout point) takes us well north of $150k–$200k+, and that’s just the conservative target.
We’re now in price discovery above the old highs with no meaningful overhead resistance until psychological levels like $100k, $150k, etc. The path of least resistance is sharply higher.
In short: the bear market structure is dead, the multi-year triangle is resolved to the upside, and Bitcoin has officially entered the parabolic phase of this cycle.
Strap in. Higher prices are basically inevitable from here. 🚀stse
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$FORM
Breaks Out Strong As Buyers Drive Price Into Rapid Bullish Expansion
Entry Zone 0.4080 to 0.4180
Stop Loss 0.3900
TP1 0.4450
TP2 0.4620
TP3 0.4880
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