CandleFocus BTC’s Bullish Pennant Holds Strong: $130K in Sight?
2025-02-04
Author: Content Editor
Bitcoin is currently undergoing a technical retest of a bullish pennant pattern, and its performance today will determine if the pattern remains intact. If Bitcoin closes the day in positive territory, it could indicate an upward trajectory with a potential target price of around $130,000. The cryptocurrency recently tested the lower border of a bearish pennant pattern, but if it successfully breaks through critical valuation levels, it would confirm the strength of the bullish pattern. The market sentiment remains optimistic despite recent fluctuations, and a successful bullish pattern development could attract more investors. However, there are potential risks if Bitcoin fails to sustain momentum and breaks below key support levels.
Related News
Ripple Top Legal Officer Speaks on the Future of XRP and Cryptocurrencies in the Trump Administration What Are the Critical Resistance and Support Levels Ahead for Bitcoin Price? Analysis Company Identified Polymarket users spin $16m volume on Trump’s picks Senators Propose Stablecoin Bill with Strict Issuance Rules What Crypto Whales Are Buying After the Market Crash? $TRUMP Whale Wipes Out Profits and More—A $21M Lesson in FOMO Peter Thiel-backed Bullish Global considers IPO: report Bitcoin Extends Losses to Below $97K Following David Sacks Press Conference US SEC Crypto Task Force Defines Role In Push for Clear Regulations Can Litecoin Price Hit $50,000 if Spot LTC ETF is Approved? How Will Bitcoin Spend February, the Historical Bull Month? Market Analysts Commented! “Trump’s Tariffs…” Republicans announce formation of bicameral crypto working group US prosecutors must rethink DeFi stance — a16z SEC in ‘purgatorial state’ despite positive signs Whale Misses $40M in $ai16z and $ZEREBRO Why Smart Investors Buy Bitcoin Not Real Estate Ethereum Game 'What Is This Sorcery' Is Raising Funds via Kickstarter—Here's Why XRP Piques Interest of Multi-Billion Dollar Wealth Management Team Time for a Solana price rebound? SOL futures are mixed, but onchain looks bullish SEC's crypto task force to focus on securities classifications, among other priorities ? BREAKING: US Cryptocurrency Czar Talks About Bitcoin Reserve On Live Stream – Here Are All The Details Of The Press Conference Tech stocks lead US rebound, but still lag behind global names Raydium (RAY) Price Rebounds Nearly 10% After Strong Correction USDT Issuer Tether Unveils AI SDK Platform Boosting Crypto Trading BTC volatility hits record low, stablecoin transaction value tops Visa — ARK IOTA: A Scalable, Low-Fee Network for the Internet of Things Here’s the List of Altcoins Most Actively Traded by Giant Whales During the Downturn What’s with the XRP hype, and why anyone thinks it could be worth hundreds of dollars – Tristan Tate Zachxbt: North Korea Botches 46,300 XRP Transfer, Leaving Funds Stranded in Blockchain Limbo Bitcoin block size could grow to 4 MB with inscriptions: Research Chainalysis partners Lukka to integrate off-chain data in VASP risk product VeChain Celebrates Over 5 Million Unique Addresses on VeChainThor Blockchain SEC acting chair onboards ex-Coin Center director to crypto task force Crypto Czar Discusses FTX’s Fall and Aims to Bring Companies to U.S. Amid FTX’s Repayment News Trump's Crypto Czar Sacks Says 'Golden Age' Coming CFTC sets out to finally end crypto regulation by enforcement Ark Invest Says Bitcoin on Track to Meet 2030 Price Target President Trump's Solana Meme Coin Plunges 37% as Trade War Rocks Crypto Market Dogecoin (DOGE) Drops 15% as Musk’s Role in US Treasury Sparks Lawsuit Will Trump’s trade war bring an early end to the Bitcoin bull market? Analyst: Bitcoin miners thrived in Q4 2024 as BTC surged past $100K FTT Price Prediction: FTX’s Creditor Payout Incoming The DeepSeek-R1 Effect and Web3-AI Commissioner Peirce says SEC is evaluating ‘retroactive relief’ for past coin offerings Liquidity returns on exchanges through USDC inflows ZIG jumps 11% as ZIGChain launches testnet “No Time for Distractions”—IOTA Cofounder Hints at Major Developments Famous Analyst Said, “Even If Everyone is Bearish on Bitcoin and Cryptocurrencies, I’m a Bull”, Lists 12 Reasons Gaming tokens hit in Trump tariffs fallout after Deadrop shutdown Solana (SOL) Price Recovers 10% as Whale Accumulation Grows Watch Live: David Sacks' Plan for Digital Assets Trump's trade war could boost Bitcoin's prospects long-term – Bitwise Ethereum Hits New Massive Record Sui (SUI) Price Prediction For February 5 Chainlink Testing Key Levels: Is a $34 Breakout Imminent? Paxos acquires Electronic Money Institution license for the EU, aims to bring compliant stablecoins Here Are Four Altcoins From Sector That Will Be ‘Trend for the Year,’ According to Veteran Trader XRP bearish divergence raises chance of $2 retest — Here’s what bulls must do Cardano soars by 64% as crypto market recovers: What’s next? Bitcoin Price Buoyed by Delayed Trump Tariffs, But BTC Isn't Out of the Woods Yet Pepe price forms death cross as smart money investors flee Floki, AAVE, Jasmy, ApeCoin in focus as whale activity jumps Famous CEO Reveals the Worst Thing That Happened to Ethereum "Investors Turned to Bitcoin and This Altcoin Instead of ETH!" He Said! Arkham Intelligence Data Unmasks Satoshi’s $108 Billion Bitcoin Vault Breaking: President Trump and President Xi will no longer be speaking today after China sued MercadoLibre's payment processor offers Pix as Brazilian tourists flock to Argentina Cardano Price Faces $0.6 Breakdown Risk as Whales Dump 330M ADA Is Ethereum Worth Investing in 2025? Can Ethereum Price Touch $4,000 In 30 Days After ETH ETF Boom? After The Bitcoin Crash: Will It Rise Or Drop Again? 5 Key Indicators Bitcoin and Game Theory: How Competition Accelerated Bitcoin’s Rise HeLa Space to Merge Decentralized Science with AI in Partnership with CRATINetwork Top Solana Projects Ranked—Will These Tokens Lead the Next Altseason? Analysts Warned! "Bitcoin (BTC) Could Fall to These Levels While Stuck Between US and China!" What to expect at today’s US Crypto Czar press conference DeFi protocol Goldfinch brings onchain exposure to private credit giants like Apollo with 'Prime' launch Ethereum’s New Cheerleader on Wall Street: A Q&A With Vivek Raman Founders say liquidations from tariff-led market selloff shows DeFi is working: 'Better than TradFi in times of crisis' Ether Worth Nearly $1B Left Exchanges Monday as Trade War Fears Sent Prices Crashing Who is Andean Medjedovic, the alleged $48M KyberSwap hacker? On-chain clown of the day: DPRK loses 46.3K XRP worth $121K, forgets to credit to any account Crypto.com plans to file Cronos ETF, launch stablecoin in 2025 Beamable raises $13.5M in Series A led by Bitkraft to advance decentralized gaming infrastructure R3 Sustainability, Chintai launch $795M tokenized ESG fund Olas raises $13.8 million to launch Pearl, an 'app store' for autonomous AI agents in crypto sBTC: The Missing Link in Making Bitcoin DeFi a Reality Whales Dump 330 Million Cardano (ADA), What’s Next? Shiba Inu announces major web3 partnership with UAE government Gala Price Analysis: Is a Bullish Reversal in Sight After a 25% Drop? US Lawmaker Amasses Ethereum Amid Recent Price Crash Below $3,000 Here’s why Ondo price may jump by 50% FED Chairman Powell Puts Coinbase into Action! A Critical Move That Could Make Radical Changes in the Cryptocurrency Industry Has Arrived! XRP Posts Historic $1 Gain in a Day, Analyst Projects $5 Price Swing Next Giant Whale Bets $10M on MELANIA Meme Coin Amid ‘Most Hated Rally’ Predictions Can the Soaring Ripple Meme Coins Push XRP Price to $5? Is this crypto sell-off the worst one? Cardano Founder Eyes AI Integration, But There's a Catch David Sacks press conference: how will Bitcoin and altcoins react Shiba Inu (SHIB) Eyes an Upswing, But Risk of Decline Persists Cardano Yoroi Wallet Users to Earn ADA Rewards From Walmart Purchases DeepSeek AI predicts Ethereum price as Eric Trump says 'it's a great time to add ETH' China’s Tariff Retaliation Drags Altcoin Prices Down; ETH Eyes $2.2K–$2.5K AI predicts Cardano (ADA) price for February 28 as whales go on a selling spree Why These Altcoins Are Trending Today — February 4 Is crypto headed for a wildly profitable crime season? XRP Market Rebound Attracts $4 Billion in Open Interest: What Next? Bitcoin Transaction Activity Hits Lowest Level Since March 2024: Digital Gold Proof? Crypto’s at a ‘crossroads’ with fundamentals: Blockworks Research Can Ethereum Regain Its Dominance in 2025 Amid Leadership Shakeups and Rising Competition? Shiba Inu's (SHIB) Shytoshi Drops Mysterious 'Calm Before Storm' Hint JUST IN: Here’s the Date and Details for the FTX Payments Everyone’s Waiting For, Which May Affect the Market Dormant Wallets Stir: 89 Legacy Addresses Move $348M in Bitcoin in January North Korean Hackers Targeting Crypto Wallets of MacOS Users ? Just In: Senator Hagerty Introduces GENIUS Act to Regulate Stablecoins Cardano Achieves Major Governance Milestone With 6 Billion ADA 330 Million ADA in 48 Hours, Did Cardano Whales Lose Faith? 1,190,645 SOL in Minutes: What's Going On? Bitcoin Slips to $98K as China Strikes Back with Tariffs and Google Probe XRP Market Update: XRP Records Massive 12% Surge—Is More Upside Coming? Satoshi-Era Bitcoin Miner Moves $5 Million BTC Earned When the Price Was Just 10 Cents Can Terra Luna Classic Price Rally 50% After 1.6T Weekly LUNC Burn? U.S. Bitcoin Reserve May Be Coming, But States Are Winning the Race Binance CEO Richard Teng Reveals Platform’s Focus for 2025 Rare 6.51 Trillion SHIB Anomaly Stuns Shiba Inu Coin Taproot Wizards raises $30 million to expand OP_CAT functionality on Bitcoin Mantra (OM) Surges to $5.30 Amid Republic Partnership Theta Integrates DeepSeek-R1 AI Model into EdgeCloud for Enhanced AI Processing Ether to become net-inflationary over 2 years after PoS Merge Blaze switches from Snowlake to Space and Time Another publicly traded company buys DOGE tokens Ripple prepares for what could be an $800 million XRP dump in February Can Solana Price Hit $500 As Andrew Tate Live Streams On-chain Trading? The first wave of tokenization was a missed opportunity – the next one needn’t be ADA Bullish Momentum Fades As Bears Reclaim Control At $0.8119 CME's Monthly Crypto Volumes Hits Record High in January, Surges 180% India markets regulator sets track and trace rules for retail investors' algo trading 1.8 Billion XRP Surge: What Happened in Last 24 Hours? Berachain mainnet set to launch in two days, foundation says Polygon Launches Pessimistic Proofs for Secure Blockchain Interoperability DOGE Price Prediction for February 4 10,423,720,000,000 Shiba Inu Stun World's Largest Crypto Exchange Dogecoin Price Knocks Off Second Major Correction, When Will The Recovery To $1 Resume? Ethereum's Battle for Recovery: Can ETH Avoid Breaking Below $2,695? Altcoin Market Movers: HBAR, SUI, SOL, LINK, ONDO See Gains Ether must hold $2.7K to avoid deeper correction, analysts say GRIFFAIN token recovers after sharp drop, but risks remain XRP News Today: SEC Eases Crypto Crackdown while XRP Price Adjusts Bitcoin Price Analysis: BTC Shows Resilience Amid Market-Wide Sell-Off TRON’s Justin Sun hails USDD as the only true choice for a decentralized stablecoin AI predicts XRP price for February 28, 2025 US Ethereum ETFs post record $1.5 billion daily trading volume amid Trump tariff turmoil Dogecoin Price Analysis: Expert Hints DOGE Primed for 89% Rally to $0.53 What Will Happen Next in Ethereum? Analyst Warns Investors, Reveals Critical Price Levels for ETH! Ripple Price Analysis: Is XRP Truly in the Clear After 10% Daily Rebound? Swan Chain to Advance Decentralized AI Research in Collaboration with Alpaca Network Here’s Dogecoin Price If Solana’s Market Cap Grows 5x XRP in Focus as Japan’s SBI Remit Partners with Shinsei Bank to Enhance International Money Transfers Bitcoin risks correction below $90K on US-China trade war concerns Solana (SOL) Price Bounces Back Above $200, What’s Next? Top Analyst Says Dogecoin Set for $4 Rally After Completing Major 58% Correction Here’s Why the Bitcoin Top is Not Yet In XRP Hits Ultra Rare Golden Cross Versus Bitcoin Gold price near all-time high amid increased bitcoin and equity volatility Bitcoin (BTC) treasuries surpass 3M coins as corporate buyers accumulate during the latest dip Semler Scientific Purchases 871 Bitcoins; Achieves Impressive BTC Yield PayPal forecasts 2025 profit above estimates as turnaround gains traction Dogecoin rises over 5% after Elon Musk threatens DOGE haters with federal action Binance’s Top 15 Most-Searched Coins—What’s Gaining Momentum? ADA and BNB Price Prediction for February 4 Has Bitcoin Peaked, or Will the Rally Continue? Analysis Firm Explained, Talked About Price Expectations! Will Bitcoin survive the coming financial collapse? | Opinion Canada to get its first leveraged crypto ETFs as Evolve Funds files prospectus: report MicroStrategy’s Bitcoin Veteran Michael Saylor Turns 60 Artificial Superintelligence Alliance (FET) Whales Accumulate After 34% Price Crash Bitcoin bull trap? Watch these BTC price levels as BTC price risks $90K retrace Injective Gains New Validator as Korea’s KDAC Joins the Network OM Hits New All-Time High Of $6.2, Sparking Profit-Taking Among Long-Term Holders Ethereum’s Price Jumps as Big Names Show Support Solana Battles at $200: Is an Extended Downfall to $175 on the Horizon? Here is Shiba Inu Price if SHIB Market Cap Reaches $150B Bitcoin (BTC) Rejection at $100,000 Triggers $527 Million in Crypto Liquidations Can XRP hit $6 amid the market's current recovery wave? 'The worst thing that happened to Ethereum' — Bitcoin up 160% since the Merge Meme Coins Might Lose Market Leadership to AI Crypto in 2025: Binance Research Trivago Adds Travala's Hotel Inventory, Gaining Crypto Payment Options Helium Mobile Opens Waitlist for Its Free 5G Wireless Plan FLOKI DAO Votes in Favor of Major Investment into BADAI Token Here’s why Sui price soaring more than 8% after Bitcoin integration Trump Crypto Czar and Lawmakers Set to Detail U.S. Crypto Policy Approach Crypto phishing losses dropped 56% to $10.2m: ScamSniffer Rich Asian investors drive fresh Trump-fuelled crypto boom in Singapore Bitcoin’s $10K Rollercoaster as Altcoins Show Signs of Recovery (Market Watch) US crypto ATM operator Bitcoin Depot adds $5m in BTC to treasury Cardano Investors Capitalize on 22% Price Crash, Signs of Recovery Emerge Bitcoin Analysis: Will BTC Price Rebound to $108K? Shiba Inu Inflows Skyrockets 553% as SHIB Price Rebounds 7% Analysts Slam Pump.fun For Delaying Altcoin Season by Draining Capital Mapping SAND’s short-term target of $0.80 and beyond Bitcoin Still Following Previous Cycle's Trajectory Despite Price Drop: Van Straten WazirX Tells Creditors Accept New Scheme or Wait Until 2030 for Refunds From $230M Hack THORChain approves conversion of $200M debt into equity tokens Here is How XRP Holders Can Use XRPL AMM as Hedging Strategy Telegram’s TON exclusivity ‘not a limitation but a necessity’ — Steve Yun WIF Near Rock Bottom: Can the .wif Domains Launch Reverse the Trend? CLS Global Navigates New U.S. Cryptocurrency Landscape Trump and Trudeau in Talks: Will Tariffs Be Lifted Today? Lending Protocol Aave Processes $200M in Liquidation Without Adding to Bad-Debt Burden Ethereum – Bitcoin price comparison reaches pre-NFT and DeFi boom levels of 2021 Onyxcoin (XCN) Targets Three-Year Peak as It Leads Market Gains Sol Strategies Bought $10M Worth of Solana Token – SOL Price Soars 7% Howard Lutnick Softens Stance on Tether Stability, Investment Ties Million-Dollar Bet: Expert Day Trader Buys $1,000,000 in XRP on the Dip XRP Teases Bollinger Band Breakout Against Bitcoin: Godbole The Giant Bitcoin Whale with "Diamond Hands" Who Turned $3 Into $5 Million Has Now Ran Out of Patience! He Transferred His BTCs! Galaxy and BitGo Buddy Up for Crypto Staking Despite Legal Spat Solana Ecosystem Announces List of Altcoins Developers Focus on the Most FARTCOIN Surpasses ETH & LINK in Binance Futures Volume Ethereum Is Trash, Convinced Peter Brandt, But There's a Catch Bitcoin rebounds after post-tariff dip; Analyst heralds new ATH in February XRP vs. Bitcoin: If XRP Control is a Concern, What About MicroStrategy, BlackRock, and BTC Whales Binance Pay Travel Route: Exploring the Rhythm of Argentina Ethereum Bulls Crumble Again: Is $2,224 the Next Stop? Aptos Network Expands with 16.7M Monthly Active Users Financial Analyst Says Owning 0.1 Bitcoin Could Position Your Family For Generational Wealth: Here’s How Ethereum Faces Crucial Support at $3,006, Will It Hold or Dip to $2,850? Michael Saylor Shift to XRP Gains Attention After Former Twitter CEO Shares Clip Expert Predicts XRP Rise Will Make Bitcoin Post-ETF Surge Look Like Child’s Play AI sets Solana price for Valentine’s Day, 2025 XRP Surges 13%, But Low Demand Signals Gains May Be Short-Lived SHIB Burns Jump 567%, But Here’s Big Price Twist XRP Price Targets $6 Rally Amid Current Recovery, Here’s All Crypto Market Recovers Sharply: Tariff Concerns Easing Bitcoin’s Coinbase Premium Soars to 2025 High as Trump Delays Tariffs on Canada and Mexico Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Three Altcoins! Bitcoin Exchange Binance Announced That It Has Delisted These Altcoins From Their BTC Pair! Here Are the Details Bitcoin ETFs switch to outflows as Trump’s tariffs shake markets AAVE Price Surge Follows Growing Demand, Signals Potential Breakout Expert Says This is the Final Dip to Buy XRP Below $3 Here’s When Bitcoin and Crypto Could Stop the Pain and Witness a Big Reversal, According to Arthur Hayes Ripple's XRP surges 30% as crypto market stages recovery XRP Saw Biggest Crash But Then Recovered 42% in Matter of Hours: Details XRP Price Prediction For February 4 SEC staff must obtain top-level approval before launching investigations under new leadership US-China tariffs cost Bitcoin $100K mark as analyst eyes all-time high IQGPT and Seascape Network Integrate to Revolutionize Web3 Gaming Bitcoin’s Path to $160K: Key Levels and What’s Next for Traders SEC Cleaning House: Probes to Be Approved by Commissioners Ethereum Price Recovery Stalls at Resistance: Can Bulls Break Through? Cardano (ADA) at a Crossroads: Could Bears Take Control Again? XRP Faces Major Shakeout: Will It Recover or Drop Further? Crypto Price Predictions: Raydium, XRP, Cardano, Ondo Bitcoin Price Climbs Back to $100K: Is This Just the Beginning? ? Crypto Dips Again as China Set to Impose Tariffs on US Goods Can Shiba Inu Price Erase Zero as Key Indicator Flashes Buy Signal? HBAR Traders Pull $150 Million Out of Futures Even As Price Hints At a New High Crypto Market Topping Out? Analysts Weigh In as Bitcoin Drops Under $100,000 XRP and Dogecoin Surged 20%, Then Dipped as China Tariffs Dent Crypto Rebound Pepe Price Forecast: Recent dips liquidate over $20 million in leverage trades Tokenized RWA markets return to ATH levels as tokens lead crypto recovery Mantra (OM) Soars to $5.30 as Republic Partnership Boosts Growth Bitcoin Price Briefly Reclaims $100K, Funding Flips Negative, What’s Next for BTC? US Treasury sued for giving Elon Musk’s DOGE access to sensitive info Why Is the Crypto Market Up Today? Here’s What’s Driving the Surge Meme Coin Supercycle Collapses as Market Plunges 46% in Two Months Ethereum's Buterin Says Pectra Will Double L2 Capacity El Salvador buys 11 more Bitcoin, boosting reserves to 6,067 BTC TRON, Movement Labs Deny ‘Token Swap’ Deal for World Liberty Financial Inclusion How to Win at AI: Why Decentralization Can Help the US Avoid the Next DeepSeek Surprise Nobel Laureate Eugene Fama: Bitcoin Is Doomed to Be Worthless Trump Memecoin Ignites Crypto Frenzy, Searches for 'Buy Crypto' Surge 376% 10 Commandments for Federal Securities Laws Bryan Johnson of 'Don't Die' Fame Wants to Launch a Token BTC’s Bullish Pennant Holds Strong: $130K in Sight? Solana faces heavy selling – Can SOL potentially drop to $138? More than 50% of validators signal to increase ETH gas limit Donald Trump’s TRUMP Meme Coin Profits Dwarf Bored Ape’s Otherside Launch Top 3 Smart Wallet Addresses to Monitor For the First Week of February Crypto Prices Today Feb 4: BTC & Altcoins Recover Amid Pause On Trump’s Tariffs Trump’s Tariffs Explained: How They Impact the Crypto Market Why Is the Crypto Market Up Today? Here’s What’s Driving the Surge AI Firm Genius Group Boosts Bitcoin Reserves to 440 BTC Is the Worst Over for $SUI, $WLD, $FET, $TIA, and $ARB Altcoins, or Is More Downside Ahead? Hong Kong’s SFC proposes expanding crypto regulatory staff in new fiscal budget India Rethinks Crypto Regulations as Global Policies Take a Radical Turn Bitcoin Recovers Above $100,000 After This Weekend’s Sharp Drop XRP Jumps 20% Amid SEC’s Major Policy Change on Crypto Investigations Crypto AI agents see ‘remarkable traction’ but value still unclear: Sygnum Is UNI Price Surge Imminent? New Wallet Acquires $4.56 Million Uniswap from Binance Crypto News: Xeggex CEO’s Account Hacked, Funds Go Missing FET Price Drops 20% in a Week as AI Cryptos Face Heavy Selling Synthelix And Unmarshal AI Partner to Transform Blockchain Data Across 55+ Chains Why some Americans are skeptical about Trump’s EO pushing a Sovereign Wealth Fund Japan PM meets with Altman, Softbank CEO — Plans to increase AI cooperation with Trump Worldcoin ordered to suspend incentives for biometric data Crypto Market Overview: Bitcoin ($BTC) at $95K Ethereum (ETH) at $2.55K and DeFi Locks $147B Cardano (ADA) Price Drops 18% as Bearish Signals Dominate Coinbase In Spotlight As Crypto Sleuth Flags Social Engineering Scam 43% XRP Price Drop: Will Whales Buy Its Bottom? Shiba Inu (SHIB) on Verge of Adding Zero, Bitcoin (BTC) Surprisingly Strong Bitcoin and Ethereum ETF Flows Fall Amid Crypto Market Chaos Aave price prediction 2025-2031: Is AAVE a good investment? Latest Crypto Assets in Accumulation Stage: Alchemy Pay ($ACH) Takes Lead Bitcoin (BTC) Reclaims $102,000 Mark Amid New Bull Run Buzz Oklahoma Senate Bill Moves to Committee for Bitcoin Salary Payments Analyst Predict $0.5 Dogwifhat Price as Sellers Break 11-Month Accumulation What is the Official Trump token? Trump’s crypto explained Top 3 Crypto Narratives to Watch For the First Week of February Trump Dump: Could the Trade War Nuke Dogecoin and Meme Coin Mania? BlackRock’s Bitcoin ETF Experiences Massive Outflows