Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The prices of Bitcoin moved by 12% in the past week, in line with a steady demand for the premier cryptocurrency. While there has been some price retracement in the last day, bullish sentiments remain high with market expectations of a further price appreciation.
Bitcoin Bullish Flag Signals More Gains Ahead
Trending: A Frail Joe Biden Manages to Offend Multitudes During Pope’s Funeral
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
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!