List of Flash News about long trading opportunities
Time | Details |
---|---|
2025-05-08 17:36 |
Bitcoin Price Analysis 2024-2025: Whales Repeat Bullish Falling Wedge Pattern, Potential Breakout Signals
According to Cas Abbé on Twitter, large Bitcoin holders (whales) are repeating a historical trading pattern in 2024 and 2025, characterized by a series of consistent lower highs that have formed a bullish falling wedge on BTC charts (source: Cas Abbé, May 8, 2025). This technical formation previously led to a breakout above the downtrend and the establishment of a new all-time high. Traders should monitor for a similar breakout, as this price action historically signaled significant upward momentum in the crypto market. The recurrence of this pattern may create high-probability trading opportunities for long positions, especially if confirmed by increased volume and whale accumulation. |