The breakout from the megaphone pattern reflects a structured price discovery process, signaling potential price expansions. This bullish trend underscores Bitcoin’s growing role as a treasury asset.
According to analysts, Bitcoin could see heights of $400,000 while currently holding at $97,705. The increasing adoption among institutions mirrors gold’s attractiveness as a store of value.
As traditional financial giants integrate BTC, institutional confidence in Bitcoin as a legitimate asset class grows, positioning it similarly to gold for future investment.