- Hidden bull divergence supports a breakout above $124K.
- BTC may rally another 33% to reach $165K target.
- Strategy has yielded 642% gains since $16K levels.
Bitcoin ($ BTC ) has confirmed yet another hidden bull divergence — a technical pattern that often signals a continuation of upward price action. This bullish indicator suggests that the momentum remains strong even when prices appear to consolidate.
With this pattern in place, BTC is now eyeing a clear break above the crucial resistance levels of $116,652 and the current All-Time High (ATH) near $124,500. If this level is decisively cleared, it opens the door for a major upward move.
$165K in Sight as Next Target
Technical projections show that if BTC manages to overcome the ATH resistance, the next significant target would be around $165,745. This marks an estimated 33% potential upside from the breakout level.
The basis for this target isn’t random — it builds on a proven strategy that began when BTC was trading near $16,782. Using similar bullish setups and momentum-driven strategies, BTC has already delivered a 642% return since then. The continuation of this method points toward further gains, assuming market conditions hold.
History Repeats: Proven Strategy in Play
The long-term bullish strategy applied since the $16K range has accurately predicted BTC’s major upswings, making this setup worth watching closely. While nothing is guaranteed in crypto markets, the consistent validation of bullish divergences increases the confidence behind these projections.
As Bitcoin continues to consolidate below its ATH, all eyes are now on the next breakout zone. If bulls take charge once more, the $165K mark may be closer than many expect.
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- BTC Price Breakout Could Target $165K Next
