[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.]

![AlternateTrader Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::902372100.png) Alternate Trader [@AlternateTrader](/creator/twitter/AlternateTrader) on x 1051 followers
Created: 2025-07-24 13:15:28 UTC

The Bitcoin price is hovering around the 118-120k range for a few days now. It did touch my initial measured move target of 120k and I expected some stalling there before the next leg up.

The initial measured move target can be seen in the $IBIT daily chart where I measured the expected target from the double-bottom pattern. 

I do think the bul flag pattern takes Bitcoin price to 163k next and that could happen in August itself.

Staying long. Adding long.

#Bitcoin #Trending #Bullish

![](https://pbs.twimg.com/media/GwoBDXTWUAA5HbP.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948371455063769260/c:line.svg)

**Related Topics**
[bul](/topic/bul)
[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/1948371455063769260)