Bought the $112K dip? 5 signs Bitcoin’s bull run is about to return
A Power of 3 pattern suggests a $126,000 target for Bitcoin after a leverage reset, but BTC price must first flip its immediate resistance level into new support.
Key Takeaways:
Bitcoin’s Power of 3 pattern shows accumulation, manipulation and a possible distribution phase targeting $126,000.
A $922 million liquidation event caused a major reset in leveraged positions, increasing the chances of a market recovery.