Bitcoin (BTC) is forming a bullish flag – buy or sell?
However, the resulting chart pattern is likely to be a very bullish bull flag.
![image JinseFinance](https://image.coinlive.com/24x24/cryptotwits-static/9e021fa1f8e48e84c05a9c950c3e45dd.png)
However, the resulting chart pattern is likely to be a very bullish bull flag.
Bitcoin surges past $60,000, poised for new highs. Analysts advise holding for targets up to $150,000. Minimal resistance seen, 99% holders profitable. Exercise caution amid volatility.
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As Bitcoin and Ethereum options expire, a $3.4 billion event adds to selling pressure. Markets at $1.64 trillion valuation show a 0.5% gain but face downward trends. Grayscale and miner sell-offs persist, impacting Bitcoin and Ethereum prices.
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Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022.
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"I'm rich. Yes, if I don't want to work, I don't need to work. I own over $7 billion worth of bitcoin," the hacker, known as Gummo, said.