Bitcoin Eyes $147,000—but One More Pullback May Come First

Bitcoin (BTC) has traded mostly sideways this week, hovering near $121,300 after a mild 1% weekly rise. On the surface, the Bitcoin price move seems uneventful, but a closer look at key chart structures and investor behavior suggests that the next big breakout might need one more correction before it happens. Some crucial indicators — both on the chart and on-chain — now point to a deeper pullback forming underneath the surface, even as a new long-term target takes shape. Chart Patterns Hint at a Cooling Phase Before the Next Leg Up Bitcoin’s current setup is shaping into a classic reversal structure that has historically preceded major rallies source: https://beincrypto.com/bitcoin-price-target-147700-selloffs-delay-analysis/