Analyst flags 'extremely rare' breakout signal for Bitcoin
- —The 28-day single-candle setup has appeared only five times in Bitcoin's history
- —Analyst calls the $81,115 zone the best risk-reward entry near the range bottom
- —BlackRock filed with the SEC for the iShares Bitcoin Managed Protection ETF (PBIT)
- —U.S. spot Bitcoin ETFs took in $526.6 million in a day, the most in a month
Why it matters: A confirmed breakout would sharply raise BTC volatility, while ETF inflows and BlackRock's new filing reinforce institutional demand.
Source: Finbold