Hello everyone, Edward here!
Today, we will analyze the BTCUSD chart on the weekly time frame with an extremely attractive scenario. The current chart shows a classic flag pattern, with a strong flagpole starting from the big rally in early 2024.
Currently, the price is approaching the upper border of the flag pattern and is likely to break out. If BTCUSD breaks above $77,309, we could see a strong rally with a target of $100,125 - a promising figure for long-term investors.