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Bitcoin

The giant “Megaphone Pattern” for Bitcoin 270K-300K BTC is targeted

Bitcoin copies the gold prices growth path, which increases the capabilities of reaching the price goals to exceed $ 300,000.

Bitcoin (BTC) has been separated from the ups of the upscale loudspeakers for a period of four years, which may push its price to new standard levels in the coming months, according to Market analyst Gert Van Lagan.

The oud Megaphone style, also known as an expanded wedge, is formed when the price creates a series of high heights and low decrease. As a technical rule, the collapse above the upper limits of the pattern may lead to an increase in equivalent.

BTC/USD Brice Chart. Source: Gert Van Lagin

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