Bitcoin is consolidating at $118,000, poised for a potential rally towards $140,000. Technical analysis and a "bullish flag" indicate an upcoming surge. Explore winning strategies for leveraging this opportunity in 2025.
Bitcoin is poised to enter its most promising expansion phase to reach new all-time highs. Recent technical analyses suggest that BTC is currently consolidating within a bullish flag pattern before explosively resuming its upward trajectory.
After shattering its previous record above $122,000, Bitcoin experienced a brief consolidation phase around $118,000. However, experts agree that this pause is only temporary, and the next wave of growth could propel BTC’s price to $140,000.
Analysis of the Bitcoin chart reveals several bullish technical patterns. First, analysts have identified the formation of a “bullish flag,” a continuation pattern that typically signals a strong upward acceleration.
According to trader Titan of Crypto, this bullish flag could catapult Bitcoin’s price to $140,000, representing a 17% increase from current levels. Other technical models, such as the inverse head and shoulders pattern on a three-day chart, also target $140,000.
Additionally, the price of $139,000 also corresponds to a crucial resistance level of the MVRV Bollinger Band.
Analysts’ optimism is based on several factors. First, the consolidation around $118,000 shows that buyers have absorbed most of the available supply, suggesting an imminent expansion phase.
Some experts even anticipate a brief correction down to $115,000 to test the support level before Bitcoin resumes its bullish trajectory. This would allow investors to accumulate more before the next rally. However, this scenario is not mandatory.
In summary, technical signals are highly favorable for Bitcoin, which appears ready to enter its most promising expansion phase. With price targets around $140,000, savvy investors should remain attentive to key support and resistance levels to capitalize on upcoming market opportunities.
While investment decisions remain each individual’s responsibility, current analyses suggest that Bitcoin could experience a spectacular sequence of gains in the coming weeks.
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
