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Analyst: Bitcoin Daily Chart Shows Bullish Flag Pattern, Signaling Potential Price Breakout

2025.04.15 09:48:22

On April 15th, as per Cointelegraph, cryptocurrency analyst Titan of Crypto expressed a bullish stance on Bitcoin. He predicted that Bitcoin will rise to a brand new all-time high of $137,000 in July or August 2025. The analyst noted that a bullish flag pattern has emerged on the Bitcoin daily chart, and the price is likely to break out to higher levels. Nevertheless, before making a long-term investment decision, Bitcoin needs to break through and maintain above its 200-day moving average. If it can regain its position above each moving average on higher time frame charts, this could further reinforce the bullish outlook and provide Bitcoin with an opportunity to retest its six-figure target.
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