Bitcoin has broken out from its bull flag and is surging up towards the all-time high at $123,200. Currently at a price of around $122,000, it probably won’t be long before the high is broken. Is $130,000 likely to be the next pitstop?
It’s been a while coming, but it does finally look like Bitcoin is on its way again. The king of the cryptocurrencies spent just short of 4 weeks inside a bull flag before breaking out and confirming the breakout on Sunday. Currently surging higher, Bitcoin has the formality of breaking past its all-time high and launching into price discovery once again.
Strong $BTC breakout on 4-hour chart
Source: TradingView
Looking at the $BTC price on the short-term 4-hour chart it can be observed that the breakout is strong and as far as price action is concerned things appear to be going to plan for the bulls.
However, the indicators at the bottom of the chart are signalling that the gas tank is starting to empty. That said, the Stochastic RSI ind
We współpracy z: https://cryptodaily.co.uk/2025/08/bitcoin-btc-surges-into-next-bull-run-phase-breakout-analysis
