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Home»Bitcoin»Bitcoin Hulish Pattern indicates Target $ 103,000
Bitcoin

Bitcoin Hulish Pattern indicates Target $ 103,000

April 26, 2025No Comments3 Mins Read
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Confidence editorial Contents, examined by the main experts in the industry and experienced publishers. Advertising disclosure

Bitcoin prices increased by 12% last week, in accordance with a constant demand for the first first cryptocurrency. Although there was a certain withdrawal of prices during the last day, the bullish feelings remain high with the market expectations of another price appreciation.

Bitcoin Hulish Flag points out more gains in front

After the recent overvoltage of Bitcoin prices, market analyst X titan of crypto reports that a clear bull flag emerged on the 4 -hour table, suggesting a strong potential for a sustained price rally.

The Taurus flag model, which signals the continuation, consists of a strong increase – the “mast”, as we can see when the prices of the BTC increased from $ 83,000 to $ 94,700 between April 20 and April 23. Thereafter, it is followed by a period of consolidation with tendency lines parallel to the decrease, resembling a flag on the post. This movement linked to the beach was considered a BTC moving between $ 91,800 and $ 94,700 between April 23 to 24.

Bitcoin
Source: @washigorira on x

The flag generally precedes an escape from new heights, provided that the bullish momentum remains intact. In particular, Bitcoin came out of consolidation in the flag in the middle of recent price gains on April 25. However, the eruptions of the bull flags often reflect the extent of the initial overvoltage of the mast. Consequently, BTC is now positioned to climb to the $ 103,000 mark, completing the complete demonstration of the Taurus flag model.

Following its decline in prices on Friday, Bitcoin now seems to be negotiating between $ 94,600 and $ 95,504 in what seems to be a mini-shade. If the market bulls are able to maintain the current level of demand, BTC should resume its rally. However, an appetite for the decreasing market could lead to a BTC retire to $ 92,000.

95% of BTC holders in profit

In other developments, the Intotheblock analysis company reports that the overvoltage of impressive Bitcoin prices has benefited from 95% of market investors, prices exceeding $ 95,000. The majority of market demand has been awarded to the Bitcoin Spot ETF market, which has recorded its highest net entries since January.

According to Sosovalue data, FNB Bitcoin attracted 3.06 billion dollars in weekly entries – the largest amount recorded so far in 2025. These developments indicate a high underlying demand probably sufficient to cause a sustained increase trend.

At the time of the press, BTC is estimated at $ 94,359 after a gain of 0.97% during the last day. Meanwhile, the daily negotiation volume of the assets increased by 10.02% and is estimated at 35.15 billion dollars. Bitcoin continues to remain the largest digital asset, now representing 63.4% of the market.

Bitcoin
BTC merchant at $ 94,306.25 on the daily graphic | Source: BTCUSDT graphic on tradingView.com

Istock star image, tradingview graphic

Editorial process Because the bitcoinist is centered on the supply of in -depth, precise and impartial content. We confirm strict supply standards, and each page undergoes a diligent review by our team of high -level technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.



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