Bitcoin's Bull Flag and the $90,000 Target: Divergence Between Technical Structure and Implied Probability in Prediction Markets
Bitcoin
The movement of Bitcoin from the $62,000 range to above $80,000 over a seven-day period has generated a recurring technical reading: the formation of a bull flag pattern on short-term charts. Several analytical firms have projected a $90,000 target based on the classic measurement of the pole's height added to the breakout point.
BTC
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