[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Alternate Trader [@AlternateTrader](/creator/twitter/AlternateTrader) on x 1038 followers Created: 2025-07-16 11:54:04 UTC The Bitcoin price is back around the 119k area after heading down to around 116k on the news that the crypto bill stalled. There seems to be renewed hope that the bill will be taken up. And eventually may still pass. Any way I look at it, the trending on $BTC remains bullish and the probability of higher prices is higher. I use the $IBIT chart to assess and there is a clear breakout above that double-bottom pattern. My immediate 120k target was reached much sooner than I anticipated. I still hold on to the next target of 163k on Bitcoin by end of August. More than likely it will come sooner. #Bitcoin #Crypto #BTC #Trending #Bullish  XX engagements  **Related Topics** [$btc](/topic/$btc) [trader](/topic/trader) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [$ibit](/topic/$ibit) [stocks etf](/topic/stocks-etf) [Post Link](https://x.com/AlternateTrader/status/1945451866705346762)
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Alternate Trader @AlternateTrader on x 1038 followers
Created: 2025-07-16 11:54:04 UTC
The Bitcoin price is back around the 119k area after heading down to around 116k on the news that the crypto bill stalled.
There seems to be renewed hope that the bill will be taken up. And eventually may still pass.
Any way I look at it, the trending on $BTC remains bullish and the probability of higher prices is higher.
I use the $IBIT chart to assess and there is a clear breakout above that double-bottom pattern.
My immediate 120k target was reached much sooner than I anticipated.
I still hold on to the next target of 163k on Bitcoin by end of August. More than likely it will come sooner.
#Bitcoin #Crypto #BTC #Trending #Bullish
XX engagements
Related Topics $btc trader bitcoin coins layer 1 coins bitcoin ecosystem coins pow $ibit stocks etf
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