Analyst: Bitcoin daily chart shows a "bullish flag pattern," indicating that the price may break out and pump.

BlockBeatNews

2025-04-15 01:45:16

BTC1,31%

BlockBeats News: On April 15, Cointelegraph reported that crypto analyst Titan of Crypto is bullish on Bitcoin, predicting that Bitcoin will soar to a new all-time high of $137,000 between July and August 2025. The analyst noted that a bullish flag pattern has formed on the daily chart of bitcoin, and the price may break through to higher levels. However, Bitcoin needs to break above and sustain above its 200-day exponential moving average before making a long-term investment. The ability to regain a foothold above each moving average on the chart on a higher timeframe could further strengthen bullish expectations and give Bitcoin a chance to retest its six-digit target.

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