Bitcoin Predicted to Reach New High in Mid-2025

AI Summary

According to BlockBeats, cryptocurrency analyst Titan of Crypto has expressed a bullish outlook for Bitcoin, forecasting that the digital currency could soar to a new all-time high of $137,000 between July and August 2025.

The analyst highlighted the formation of a bullish flag pattern on Bitcoin's daily chart, suggesting the potential for the price to break out to higher levels. However, for long-term investments, Bitcoin needs to break and sustain above its 200-day exponential moving average. If Bitcoin can stabilize above each moving average on higher time frame charts, this could further strengthen the bullish expectations, providing an opportunity to retest its six-figure target.