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Bitcoin‘s ‘supercycle ignition’ hints at $360K: New price analysis

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 137 Views

Bitcoin’s inverse head-and-shoulders pattern signalled the continuation of the uptrend toward $360,000, driven by institutional demand via spot BTC ETFs.

Key takeaways:

A classic BTC price chart pattern puts $170,000-$360,000 in play this cycle.

Spot Bitcoin ETFs post the biggest inflows in two months as institutional demand rebounds.

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