Inverse Head And Shoulders Breakout Suggests Bitcoin Price Is Headed To $300,000 – Harris International Group LLC HIG Consortium

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the Bitcoin work He shows strong rising signals, as a rare pattern in the head and shoulder erupted and re -paved the neckline. This technical preparation indicates that Bitcoin can prepare to gather Mega to $ 300,000 soon.

The analyst expects a reflection of the bitcoin price

On Monday, the GERT Van Lagen's encryption analyzed to X (previously Twitter) to Climate The high price of bitcoin is an imminent bitcoin to $ 300,000. The analyst presented a detailed price plan depicted The formation of the head style and the reverse shoulderShow his left shoulder, head, right shoulder, and neckline.

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Based on its analysis on X, it highlights that Bitcoin has successfully broke over the neckline for this artistic style, which confirms that it is possible Reflection ascending. Specifically, the head style and the reverse shoulder is a classic technical indicator indicating a shift from the downtom direction to the upward direction. The left shoulder of the pattern is highlighted Low price Followed by temporary recovery. The head suggests a deep decrease, which represents the lowest point in the direction. The right shoulder indicates a smaller decrease followed by a collapse over the neckline.

Breaking Bitcoin over the neck line style around the price point of $ 86,972. Lagin pointed out that the successful re -test of this neck can unite Bitcoin Saudi step. This is because, historically, as soon as this style is confirmed, cryptocurrencies tend to watch a large momentum in the upward direction.

BTC is preparing for a huge reflection source: Gert Van Lagin on X

Based on the action of the head and the reverse shoulder, Lagin is expected to do so Bitcoin is the right track to reach $ 300,000 This bull cycle. This will represent a huge increase of 258.4 % over the current market price. The analyst also highlights a sale line ranging from $ 340,000 and $ 380,000; Here, merchants may come out or get profits.

Supporting these upward expectations is a formation -like formation of the bitcoin price scheme. Lagin revealed that this follows a series of formations from Rule 1 to 4 before leading to an explosive prices. Currently, Bitcoin has completed base 3 and enters the final equivalent phase. This technical composition is in line with Elliot wave theory This indicates that a Strong wave 5 It can lead to a significant increase in prices.

While the analyst is confident in dropping the price of Bitcoin of $ 300,000, it warns that it can be Hero If BTC decreases to less than 72,900 dollars in the weekly time frame. Moreover, a break below this threshold can indicate Correct a deeper price And delay the assembly.

Update on BTC price analysis

While analysts remain optimistic about Bitcoin's future expectations, cryptocurrencies Detamentary momentum experiences. Within just 24 hours, Bitcoin has lost all the prices that have accumulated since President Donald Trump announced Plans of the encryption reserve.