Bitcoin’s Bull Flag Breaks Out – $103K Target in Play as Traders Ride the Wave
Crypto markets just got a jolt of adrenaline as Bitcoin’s weekly chart flashes a textbook bullish pattern. The breakout suggests a potential 40% surge from current levels—if history repeats.
Why the frenzy? A confirmed bull flag formation on BTC’s weekly chart now points to a $103,000 price target. That’d put it within striking distance of its previous all-time high... and give Wall Street analysts another reason to ’discover’ blockchain tech they’ve ignored for a decade.
Key levels to watch: Sustained closes above $73,800 confirm the pattern’s validity, while a rejection here could trigger another round of ’macro uncertainty’ tweets from the usual suspects. Either way, leverage traders are already piling in—because nothing screams ’responsible risk management’ like 100x futures contracts.
Bitcoin Bullish Flag Signals More Gains Ahead
Following Bitcoin’s recent price surge, X market analyst Titan of Crypto reports that a clear bull flag has emerged on the 4-hour chart, suggesting a strong potential for a sustained price rally. The bull flag pattern, which signals continuation, consists of a sharp rise — the “flagpole”, as seen when BTC prices moved from $83,000 to $94,700 between April 20 – April 23. Thereafter, this is followed by a period of consolidation with downward-sloping, parallel trendlines, resembling a flag on the pole. This range-bound movement was seen as BTC moved between $91,800 – $94,700 between April 23-24.
The flag usually precedes a breakout to new highs, provided the bullish momentum remains intact. Notably, Bitcoin broke out of the consolidation in the flag amidst recent price gains on April 25. However, breakouts from bull flags often mirror the magnitude of the initial surge of the flagpole. As a result, BTC is now positioned to climb toward the $103,000 mark, completing the full manifestation of the bull flag pattern. Following its price pullback on Friday, Bitcoin now appears to be trading between $94,600 – $95,504 in what seems like a mini consolidation phase. If market bulls are able to sustain the current demand level, BTC is expected to resume its rally. However, a waning market appetite could cause BTC to retrace further to $92,000.
95% Of BTC Holders In Profit
In other developments, analytics firm IntoTheBlock reports that Bitcoin’s impressive price surge has moved 95% of the market investors to profit as prices climbed above $95,000. A majority of market demand has been attributed to the Bitcoin spot ETF market, which recorded its highest net inflows since January. According to data from SoSoValue, Bitcoin ETFs attracted $3.06 billion in weekly inflows — the largest amount recorded so far in 2025. These developments indicate a strong underlying demand likely sufficient to result in a sustained uptrend.
At press time, BTC is valued at $94,359 following a 0.97% gain in the past day. Meanwhile, the asset’s daily trading volume has increased by 10.02% and is valued at $35.15 billion. Bitcoin continues to remain the largest digital asset, now accounting for 63.4% of the market.
