Shakeout Pattern Says Bitcoin Price Is Not Done: Targeting $130K and Beyond

Bitcoin’s Shakeout: A Bull Run in the Making
The latest movement in Bitcoin’s price—bouncing off a strong support at $110,000—has caught the eye of market watchers around the globe. Crypto analyst CrypFlow has highlighted an evolving shakeout pattern, which historically has predated some of the strongest upward moves in Bitcoin’s bull cycles.

Analyzing the Shakeout Pattern
In the past 24 hours, Bitcoin experienced intense volatility, opening slightly above $113,000 before retreating to $110,800, then quickly regaining strength above $112,000. This intra-day action reflects a broader effort as Bitcoin tries to break through a consolidation zone. With a green weekly candle following last week’s positive close, the technical setup hints that Bitcoin might be gearing up to breach its previous resistance levels.

What the Pattern Means for Investors
For traders, this shakeout pattern is more than just another technical anomaly—it represents a potential foundation for a significant price rally. If the emerging trends hold, Bitcoin’s next leg could potentially carry it well beyond $130,000, surpassing its all-time high. This analysis reiterates the dynamic nature of the crypto market and signals opportunities for both short-term gains and long-term growth.

Global Crypto News and Market Insights
Whether you’re checking out the best crypto wallet 2025 or learning how to stake Ethereum for passive rewards, staying abreast of global crypto news is essential. Furthermore, innovative sectors such as NFT gaming platforms continue to reshape the digital asset landscape, illustrating that volatility can pave the way to new investment horizons.

Expert Insights and Final Thoughts
As a seasoned crypto expert, my takeaway is clear: technical signals like the shakeout pattern should not be ignored. They provide valuable insights into market momentum and potential price reversals. It’s crucial to combine these technical observations with broader market news to form a holistic trading strategy in the ever-evolving crypto ecosystem.