Bitcoin’s price action over the past week has been nothing short of amazing. After consolidating for several weeks below its all-time high, the leading cryptocurrency has once again surged past $125,000 to set a new price record.

Interestingly, a deeper look at Bitcoin’s weekly chart suggests that the rally could be far from over. According to crypto analyst Bobby Axe, Bitcoin is flashing a rare confluence of technical indicators that are known to precede explosive price movements. His analysis, which was shared on X alongside a detailed chart, lays out several signals pointing to a possible explosion to $144,000.

Seven Indicators Showing The Beginning Of A New Bitcoin Phase

Bobby Axe’s analysis noted that Bitcoin is on the verge of erasing over three months of sideways and

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