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Bitcoin Mimics Previous Fractal as Analyst Eyes $175,000 Target

  • Analyst predicts a potential breakout in Bitcoin towards $175,000 based on weekly chart trends.
  • Bitcoin is currently overextended from the yellow moving average, indicating a potential price consolidation before the next upward move.
  • Technical analysis suggests Bitcoin may surge to $175,000 if historical fractal patterns repeat, with upside targets at $126,257 and $171,287.
  • Forecast indicates a peak in Bitcoin price in August or October 2025, aligning with past cycle extensions, but external factors could also influence the market trajectory.

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