Bitcoin Eyes $120K? Analyst Reveals What Comes After BTC’s 50-Day EMA Breakout

Summary: Related Reading: Fast-Tracking A Bitcoin Rally: Expert Identifies 3 Bullish Catalysts Bitcoin Reclaims Key Technical Level, Eyes $120K Potential According to COŞAR, the 50-day EMA often acts as dynamic support during corrections, and regaining this level typically precedes a price rally. Further Into Technicals: Analyst Points to Bullish Flag Adding to the conversation, independent crypto analyst Captain Faibik suggested that Bitcoin’s price pattern is forming a bullish flag, a common continuation pattern in technical analysis.
By Samuel Edyme on 2025-06-26 07:00. Aggregated by Coinblockers.