Bitcoin’s ‘bull pennant’ targets $165K as BTC exchange flows hit 10-year lows

Bitcoin’s ‘bull pennant’ targets 5K as BTC exchange flows hit 10-year lows

Bitcoin’s ‘bull pennant’ targets $165K as BTC exchange flows hit 10-year lows

Bitcoin’s price moves closer to its all-time high, but liquidity shortage could trigger a breakout toward $165,000.

Key takeaways:

Bitcoin is up 10% to $108,200 from $98,400 local lows, reclaiming key support.

Bitcoin’s bull pennant on the daily chart targets 54% gains to $165,000.

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