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Bitcoin’s $150,000 Dream Hinges on One Bullish Pattern: Breakout or Breakdown?
Bitcoin’s $150,000 Dream Hinges on One Bullish Pattern: Breakout or Breakdown?

Bitcoin price is consolidating just above $115,000 after a slight correction, but one bullish pennant on the 3-day chart could determine its next big move. On-chain signals show reduced exchange activity and growing accumulation, setting up a potential 25% rally toward $150,000 if resistance breaks.

BeInCrypto·2025/08/01 00:45
Flash
  • 12:12
    Stablecoin infrastructure company Utila completes $22 million financing round, led by Red Dot Capital Partners
    ChainCatcher news, according to CoinDesk, stablecoin infrastructure company Utila has completed a $22 million financing round, led by Red Dot Capital Partners, with participation from Nyca, Wing VC, DCG, and Cerca Partners. Utila provides a digital asset operations platform for enterprises, with clients including payment service providers and neobanks. The company processes over $15 billion in transactions monthly, and its client base has doubled since March. Utila plans to accelerate its expansion into emerging markets in Latin America, Africa, and the Asia-Pacific region.
  • 12:11
    U.S. Bank resumes cryptocurrency custody services, expands product offerings to include Bitcoin ETF
    Jinse Finance reported that U.S. Bank has announced the resumption of cryptocurrency custody services for institutional clients and has expanded its product offerings to include Bitcoin ETF.
  • 12:07
    Bitget Launchpool project PTB is now open for participation; stake BGB or PTB to unlock 22.4 million PTB.
    ChainCatcher News, Bitget Launchpool project Portal To Bitcoin (PTB) is now open for participation, allowing users to stake BGB and PTB to unlock 22,400,000 PTB. The staking channel will close at 20:00 on September 6 (UTC+8). This round of Launchpool offers a total of 2 staking pools, including: BGB Staking Pool Total airdrop amount: 21,000,000 PTB VIP user staking limit: 50,000 BGB Regular user staking limit: 5,000 BGB PTB Staking Pool Total airdrop amount: 1,400,000 PTB Individual staking limit: 14,000,000 PTB 
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