Bitcoin is flashing bullish signals once again—and a major breakout could be just around the corner. After posting a solid 29.2% gain in Q2 so far, BTC might be gearing up for its next leg up, according to crypto analysts on X.
In May, Bitcoin climbed from $94,177.90 to touch a monthly high of $111,704 on May 22. But after hitting that peak, BTC retraced 9.11% between May 23 and June 5. A brief rebound of 8.61% followed between June 6 and 10—but the price couldn’t break the previous swing high.
Between June 11 and 22, Bitcoin dipped again by 8.46%, only to bounce 1.2% in the last 24 hours—hinting at possible renewed momentum.
Crypto analyst Caption Faibik, in a recent post on X, revealed that Bitcoin is forming a classic bullish flag pattern—a continuation setup that often signals the next leg of a bull run.
“Before the next surge, BTC may briefly dip to the $97K–$98K range,” says Faibik. “Once it breaks past the $108K resistance, the rally toward $130K is likely.”
The bullish flag pattern features:
Experts agree that a strong daily close above $108K will confirm the bullish breakout and could open the doors to the much-anticipated six-figure surge.
Crypto analyst Chainbull and several BTC enthusiasts echo Faibik’s prediction, believing that the current dip is a healthy consolidation before the next leg up.
If Bitcoin follows the expected pattern, a breakout to $130K could become the dominant narrative going into Q3.The charts suggest Bitcoin isn’t done yet. A short dip could lead to a major breakout—and BTC could be heading to $130K sooner than expected.
Bitcoin first reached nearly $20,000 in December 2017. It then surpassed this in later cycles.
Bitcoin has set several all-time highs. Its most recent recorded high was over $111,970 on May 22, 2025. It also crossed $100,000 in December 2024.
If Bitcoin breaks decisively above $108,000, analysts predict a rally towards $130,000, confirming the next leg of its bull run based on a bullish flag pattern.
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