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Analysts: Bitcoin daily line shows a "bullish flag", indicating that prices may break through

April 15, 2025-Cryptocurrency analyst TitanofCrypto is bullish on Bitcoin, predicting it will soar to a new all-time high of $137,000 between July and August 2025. Analysts pointed out that bitcoin daily chart formed a bullish flag pattern, the price may break to higher levels. However, Bitcoin needs to break through and stay above its 200-day exponential moving average before making long-term investments. Being able to re-establish itself above each moving average on charts with higher time frames could further strengthen bullish expectations, giving Bitcoin the opportunity to re-test its six-figure target.

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