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.