Cryptocurrency

Bitcoin bullish pattern points to $103,000 target

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Bitcoin’s price has risen 12% over the past week, in line with stable demand for Prime Minister’s cryptocurrency. Although there were some price rebates on the last day, bullish sentiment remained high for further price appreciation in the market expectations.

Bitcoin bullish flag signals more

After Bitcoin’s recent price increase, Titan, Crypto’s X market analyst, reported a clear bull flag on the 4-hour chart, indicating the strong potential of sustained price rallies.

The bull flag pattern that marks the continuation includes a sharp rise – “flag pole”, such as BTC price transfer from $83,000 to $94,700 between April 20 and April 23. Thereafter, thereafter, followed by a downward, parallel, parallel trend, similar to the flag on Pole. When BTC was between April 23 and 24, this boundary movement was considered $91,800 to $94,700.

Bitcoin
Source: @washigorira on x

If bullish momentum remains intact, the banner is usually a breakout before breaking to a new high. It is worth noting that Bitcoin has deviated from the convergence in the banner of the recent price increase on April 25. However, the breakthrough of the bull flag usually reflects the size of the initial surging of the flagpole. As a result, BTC can now climb to the $103,000 mark, completing the full expression of the Bull Flag mode.

After Friday’s price drop, Bitcoin now appears to be trading between $94,600 and $95,504, which seems to be a mini merger phase. If the market bulls can maintain current demand levels, BTC is expected to resume its rally. However, a gradual decline in market appetite could lead to further rebound of BTC to $92,000.

95% profit for BTC holders

Among other developments, analytics firm Intotheblock reports that Bitcoin’s impressive price gains have boosted 95% of market investors as prices rise by more than $95,000. Most market demand is attributed to the Bitcoin spot ETF market, which records its highest net inflow since January.

According to Sosovalue, Bitcoin ETFs attracted $3.06 billion in weekly inflows, the largest recorded volume so far in 2025. These developments suggest that strong potential demand may be sufficient to lead to a sustained upward trend.

At press time, BTC was worth $94,359 after a 0.97% increase in the past day. Meanwhile, the daily trading volume of the assets increased by 10.02% to be worth $35.15 billion. Bitcoin is still the largest digital asset, now accounting for 63.4% of the market.

Bitcoin
BTC trading price on daily chart is $94,306.25 | Source: btcusdt chart on tradingview.com

Featured images from Istock, charts for TradingView

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