Bitcoin Following ‘Megaphone Pattern’ – Is It Time To Accumulate BTC? Analyst Explains

Quick Summary:

According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the megaphone pattern’, positioning the top cryptocurrency for potential upside momentum.

However, BTC must stay above the $72,000 price level for the pattern to play out.

Bitcoin Following Megaphone Pattern – Time To Buy?

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Article Details

Author / Journalist: Ash Tiwari

Category: Crypto

Markets: Hungary

Topics: Btc Recession Broadening wedge Megaphone pattern Bitcoin News Cryptocurrency BTCUSDT Bitcoin Technical Analysis Digital asset

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 04:00:15 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 57 lines

Sentence Length: 8 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 26878281

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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News Language: English

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Publisher ID: #105

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