Bitcoin prices moved at 12% over the past week, in line with a steady demand for the main Cryptocurrency. Although there has been some pricing on the last day, the emotions remain high with the market expectations for a further price estimate.
Bitcoin bullish flag signals more gains forward
After Bitcoin’s latest price increase, X Market Analyst Titan of Crypto reports The fact that a clear bull flag has appeared on the 4-hour chart, which indicates a strong potential for a long-lasting price rally.
The Bull Flag pattern, which signals continuation, consists of a sharp increase-“flagpole”, which is seen when the BTC prices moved from $ 83,000 to $ 94,700 between April 20-April. This is then followed by a period of consolidation with downward sloping, parallel trend lines, which surround a flag on Poland. This interval-bound movement was seen when BTC moved between $ 91,800 $ 94,700 between April 23-24.
The flag usually precedes a breakout to new heights, provided that the haus -like momentum remains intact. Noteworthy Bitcoin broke out of the consolidation in the flag in the middle of the latest prices of prices on April 25. But outbreaks from bull flags often reflect the size of the first over voltage of the flagpole. As a result, BTC is now located to climb against the mark of $ 103,000 and complete the full manifestation of the bull flag pattern.
After the price of the price on Friday, Bitcoin now seems to shop between $ 94 600 – $ 95 504 in what seems to be a mini consolidation phase. If Market Bulls can maintain the current demand level, BTC is expected to resume its rally. However, a declining market appetite can get BTC to return to $ 92,000.
95% of BTC holders in profit
In other developments, Analytics Firm Intotheblock reports The fact that Bitcoin’s impressive price control has moved 95% of market investors to earn when prices rise above $ 95,000. A majority of market demand has been attributed to the Bitcoin Spot ETF market, which registered its highest net inflow since January.
According to Data from SosovalueThe Bitcoin ETFS attracted $ 3.06 billion in weekly inflows – the largest amount that has been registered so far in 2025. These developments indicate a strong underlying demand which is probably sufficient to result in a long -term trend.
At press time, BTC is valued at $ 94 359 after a profit of 0.97% on the past day. At the same time, the asset’s daily trade volume has increased by 10.02% and is valued at $ 35.15 billion. Bitcoin continues to remain the largest digital asset and now accounts for 63.4% of the market.
Image from iStock, chart from tradingview
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