Bitcoin $BTC is moving through a textbook pattern that aligns closely with general expectations. A look at the weekly chart reveals a comprehensive map of the full market cycle, defined by clear flag patterns at each stage. We witnessed a robust bull run characterized by three ascending bull flags that climbed toward a cycle peak estimated between $119,000 and $132,000. Following this, the bear market took over, with classic bear flags marking the downward trajectory.
Currently, analysts are identifying a potential cycle bottom within the $48,000 range (indicated by the green box on the chart). The projection now points toward a primary recovery target of approximately $88,000 (marked by the pink circle).
The overall structure appears technically sound, and the symmetry of the patterns is quite striking. While market execution is never guaranteed, this roadmap offers a logical framework. It will be important to monitor price action closely as it approaches that $88,000 resistance level. #Binance #BTC走势分析
