Bitcoin Turns Technically Bullish — Will the Flag Hold?

Bitcoin Turns Technically Bullish — Will the Flag Hold?

From a technical perspective, BTC is showing the formation of a clear and strong 4-hour bullish flag pattern.

The price just confirmed the bullish move and is showing increasing bullish momentum.

The market has been volatile recently and has transformed from bearish to bullish and vice versa many times.

It remains to be seen whether the price will respect this pattern.

It is impossible to know whether this pattern will further transform into something different or whether it will work as well as it is showing.

Currently, BTC is showing only a bullish pattern.

Targets:
72K ; 75K and 78.7K

You may find more details in the chart.
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