Bitcoin megaphone pattern targets $260K as BTC price screams ‘oversold’

Bitcoin’s price deviates 12% from its all-time high, but an oversold STH MVRV metric could trigger a breakout toward $260,000.

Key takeaway:

Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle.

Signs of panic from BTC short-term holders hint at a potential local bottom.

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