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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Bitcoin’s Bullish Pattern Returns – Is A Massive Uptrend Imminent?

Semilore Faleti
Semilore Faleti
4 months ago
2 mins read
Bitcoin

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Most of the last trading week presented another stale price action in the Bitcoin (BTC) market undergoing a sustained consolidation. While the premier cryptocurrency recorded a price breakout on March 20 to reclaim the $87,000 price zone, selling pressure soon forced a return to below $84,700,  resuming a sideways movement. Meanwhile, Bitcoin’s price action over the past few months has created a bullish pattern hinting at a substantial price breakout.

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Bitcoin Falling Wedge Signals Another Major Rally- How High Can BTC Fly?

In a recent post on X, a digital asset market analyst with the username Mister Crypto provided some bullish insights on the Bitcoin market based on a continuation chart pattern and historical price data. According to Mister Crypto, Bitcoin’s price appears to be forming a falling wedge suggesting a possible price surge could occur upon breakout.

The falling wedge is a familiar bullish pattern in technical analysis formed by two converging trend lines due to price action forming lower highs and lower lows. It usually indicates that bearish momentum is weakening and Bitcoin could embark on a sustained uptrend following a breakout from the upper trend line.

Bitcoin
Source: @misterrcrypto on X

Interestingly, Mister Crypto notes that Bitcoin has consistently experienced strong price rallies following previous formations of a falling wedge as indicated in the chart above. Notably, there have been three distinct cases in the past two years during which the premier cryptocurrency has surged for an average of 54 days producing an average gain of 67.5%.

Looking at the previous periods and the gradual rise in price gain, Bitcoin could rise by an estimated 77% upon a confirmed breakout from its current falling wedge suggesting a strong bullish market in the majority of Q2 2025.

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4 months ago

Investors Move 10,000 BTC As Market Confidence Rises

In other news, renowned market analyst Ali Martinez reports an ongoing surge in Bitcoin exchange outflows despite the current market uncertainty. Using data from CryptoQuant, Martinez notes that investors have transferred 10,000 BTC valued at $842.9 million from crypto exchanges to personal decentralized wallets.

This development is strongly bullish as it indicates growing market confidence in price appreciation as investors are opting to keep their assets rather than sell. 

At the time of trading, Bitcoin trades at $84,309 reflecting a price loss of 0.14% in the past 24 hours. Meanwhile, the flagship crypto asset is down by 0.39% on the 7-day chart as consolidation continues. BTC must decisively break above $84,700, avoiding any retrace to confirm any intent of an uptrend. However, other immediate resistance will lie at $86,800 and $90,774.

Bitcoin
BTC trading at $84,313 on the daily chart | Source: BTCUSDT chart on Tradingview.com
Featured image from Forbes, chart from Tradingview
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Semilore Faleti
Semilore Faleti

Semilore Faleti

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency.

Read more

Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets.

Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends.

Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination.

He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society.

In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come.

His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry.

Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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