Bitcoin May Be Forming Bullish Flag as Analysts Eye $140K and Fibonacci Targets Near $166K for October–November

Bitcoin bullish flag is a corrective descending channel that often precedes breakouts; current formations and on‑chain buyer dominance point to a potential move toward $140,000, with Fibonacci extensions near $142k–$166k and October–November viewed as probable breakout ￰0￱ flag suggests $140K target with higher Fibonacci extensions near $142,831 and $166,546. On‑chain Spot Taker CVD flipped positive after mid‑July, indicating buyer ￰1￱ and November historically show seasonal strength; current liquidity metrics back elevated breakout ￰2￱ bullish flag signals a move toward $140K; on‑chain buying, Fibonacci targets, and seasonal liquidity support October–November breakout odds — read key takeaways and analysis. , "description": "Bitcoin bullish flag signals a move toward $140K; on‑chain buying, Fibonacci targets, and seasonal liquidity support October–November breakout odds.", , "totalTime": "PT1H", "supply": "Charting software, on‑chain dashboard" Bitcoin forms a bullish flag with analysts targeting $140K, supported by Fibonacci levels, strong liquidity, and seasonal rally ￰3￱ forms a bullish flag, with analysts eyeing $140K and Fibonacci targets near $166K.

On-chain data shows buyer dominance as Spot Taker CVD flips positive after ￰4￱ and November are viewed as breakout months, backed by seasonal strength and ￰5￱ is showing chart structures that align with another bullish ￰6￱ technical formations reveal a bullish flag pattern , and analysts point to October and November as potential catalysts for stronger upward ￰7￱ participants are tracking key levels while historical data supports seasonal strength in this ￰8￱ does the bullish flag formation mean for Bitcoin price targets? Bitcoin has moved inside a descending channel since August 2023, forming a corrective flag that often precedes ￰9￱ project an initial target near $140,000 with extended Fibonacci projections up to $166,546 if resistance breaks ￰10￱ Faibik’s charting highlights consistency with prior consolidations that preceded major ￰11￱ and resistance within the channel continue to dictate near‑term price action and risk management levels. $BTC is getting Ready for Another Bullish Rally..

I think October & November are gonna be Bullish Months.. Before the Breakout, if we get a dip, that would be a very good Opportunity.. #Crypto #Bitcoin #BTCUSD ￰12￱ — Captain Faibik (Twitter) October 1, 2025 Technical projections indicate that once resistance breaks, price expansion could target the $140,000 ￰13￱ in 2023, Bitcoin exited a similar descending channel and delivered a sharp upward ￰14￱ repeating behavior signals alignment with a continuation pattern that has appeared across multiple market cycles.) Kamran Asghar also mapped Fibonacci extension targets that reinforce these ￰15￱ analysis showed resistance near $127,568 , extending toward $142,831 and $166,546.

This sequence reflects progressively higher projections, supported by the ongoing formation of higher highs and higher lows in the daily ￰16￱ do liquidity and seasonal patterns support a breakout? Bitcoin is currently trading at $116,702, recording a 3.16 percent increase in 24 hours, according to CoinMarketCap ￰17￱ trading volume stood at $62.75 billion, with circulating supply at 19.92 million BTC and market capitalization near $2.32 trillion — metrics that point to strong liquidity.