Bitcoin Targets 50% Gain to $165,000 on Wyckoff Pattern
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币界网报道：Bitcoin could surge over 50% to reach $165,000 if it follows the Wyckoff accumulation pattern, according to technical analysis. The cryptocurrency recently broke above $52,000, completing the first phase of the Wyckoff cycle. Analysts suggest Bitcoin is now entering the markup phase, which historically precedes significant price appreciation. The Wyckoff method, developed by Richard Wyckoff in the early 20th century, identifies accumulation and distribution phases in asset prices. If the pattern holds, Bitcoin may experience a parabolic rise similar to previous bull cycles, though market conditions and macroeconomic factors could influence the trajectory.
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