Analyst Says Bitcoin Is ‘Primed For A Breakout’: Is BTC Heading For $150,000 Rally?

Quick Summary:

A Nansem analyst suggested that the market appears momentarily satiated and more "reactive to negative sentiment than positive news.” Ali Martinez said Bitcoin looks "primed for a breakout,” highlighting an almost two-week symmetrical triangle in BTC’s chart.

Rekt Capital has stated that Bitcoin is about to embark on its second price discovery uptrend, as BTC has completed the first price-discovery correction of its post-halving parabolic phase.

Amid the market volatility, Bitcoin has found price stability, staying within the mid-zone of its post-election breakout level.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: United Kingdom

Topics: Bitcoin breakout Bitcoin Btc Crypto market correction Crypto trader Crypto analyst BTCUSDT Bitcoin price Bitcoin analysis Bitcoin Crypto Bull Run 2025

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-15 @ 08:00:13 (4 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 481 words

Reading Time: 3 minutes read

Sentences: 84 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 26164800

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

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