Bitcoin has clawed back above the $100,000 mark following a volatile week that saw it dip to $98,000 and liquidate billions in leveraged positions. According to crypto analyst Ash Crypto , the daily chart (1D) now reflects a textbook bullish flag, a continuation pattern that often signals further upside in established uptrends. BITCOIN IN 1D CHART IS FORMING A POTENTIAL BULLISH FLAG – $100K IS RECLAIMED – IMBALANCE FILLED AT 98K – BILLIONS WERE LIQUIDATED LET’S PRAY FOR A BOUNCE FROM HERE pic.twitter.com/MCR9jep80v — Ash Crypto (@Ashcryptoreal) June 23, 2025 The flagpole was formed during Bitcoin’s parabolic rally from $87,000 to above $110,000, and recent consolidation has created a downward-sloping flag. This structure is often viewed as a resting phase before the next leg higher. Ash highlighted that the imbalance of nearly $98K has now been filled, removing excess liquidity and setting the stage for a cleaner upward move. This technical setup gains further relevance as market participants regain risk appetite following a week of macro uncertainty and forced liquidations. With $100K reclaimed, traders are now watching for a breakout above the upper trendline, potentially targeting $110K and beyond. Bitcoin Price Prediction: Key Levels and Technical Signals From a technical standpoint, Bitcoin price prediction remains bearish below the psychological resistance level of $100,000. BTC’s recovery above $100,000 coincides with a bounce from the flag’s lower support. Bitcoin Price Chart – Source: Tradingview While the 50-day exponential moving average (EMA) near $102,600 continues to cap upward momentum, a clean daily close above it would offer early confirmation of a bullish breakout. Here’s what traders are watching: Support levels: $100,000, $98,720, $97,095 Resistance levels: $102,625 (50 EMA), $105,276, $110,000 Pattern: Bullish flag with confirmed lower trendline bounce MACD: Momentum flattening, awaiting crossover Market sentiment remains mixed. On lower timeframes, BTC has printed a sequence of lower highs and bearish rejections near the EMA. However, the daily structure holds stronger weight, especially as the market absorbs recent shocks. What’s Next for BTC? The near-term outlook hinges on whether BTC can break above the descending trendline and reclaim the 50 EMA on strong volume. Failure to do so may prompt another retest of the $98,000 region, where the last liquidity sweep occurred. But if buyers regain dominance, this flag pattern has a potential to play out into a breakout rally toward $110,000, fuelled by sidelined capital and renewed confidence. Potential trade setups: Bullish Entry: Above $102,600 (confirmed daily close), targeting $105K–$110K Bearish Risk: Breakdown below $98,720 may expose $97K Despite short-term choppiness, Bitcoin’s longer-term uptrend remains structurally intact. Analysts suggest that the ongoing consolidation is healthy after months of vertical gains and could set the foundation for a stronger Q3. With Bitcoin dominance still elevated and trading volume exceeding $62 billion in the last 24 hours, eyes remain fixed on this potential breakout zone. Bitcoin Hyper Presale Surges Past $1.3M—Layer 2 Just Got a Meme-Sized Boost Bitcoin Hyper ($HYPER) has smashed through the $1.5 million milestone in its public presale, raising $1,527,516.42 out of a $1,763,403 target. With just hours left before the next price tier, buyers can still secure HYPER at $0.012 per token. As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper delivers fast, low-cost smart contracts to the BTC network. It combines Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with ultra-low gas fees and seamless BTC bridging. Audited by Consult, Bitcoin Hyper is built for trust, scale, and performance. Over 91 million $HYPER are already staked, with projected post-launch staking rewards of up to 577% APY. The token fuels gas fees, dApp access, and decentralized governance. The presale accepts both crypto and cards, and through Web3Payments, no wallet is required. Meme culture meets utility—Bitcoin Hyper is quickly emerging as Layer 2’s potential breakout star of 2025. The post Bitcoin Price Prediction As Analyst Ash Crypto Points to Bullish Flag Pattern Above $100K appeared first on Cryptonews .
