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Analyst: Bitcoin Daily Chart Shows Bullish Flag Pattern, Signaling Potential Price Breakout
2025-04-15 09:45
BlockBeats News, April 15th, according to Cointelegraph, cryptocurrency analyst Titan of Crypto expressed a bullish view on Bitcoin, predicting that Bitcoin will surge to a new all-time high of $137,000 in July to August 2025.
The analyst pointed out that a bullish flag pattern has formed on the Bitcoin daily chart, and the price may break out to higher levels. However, before considering a long-term investment, Bitcoin needs to break above and sustain above its 200-day moving average. If it can regain its footing above each moving average on higher time frame charts, this may further strengthen the bullish outlook, giving Bitcoin a chance to retest its six-figure target.
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