Bitcoin Daily Structure Mirrors April’s Bullish Flag – Technical Breakdown

The Bitcoin (BTC) daily chart is currently forming a textbook bull flag, closely resembling the consolidation pattern observed in April 2025, which preceded a solid upward continuation. Let’s compare the technical indicators and market structure from both periods:

Daily Volume

April 2025: Averaged $30–35B, providing strong liquidity to support the breakout.

July 2025: Ranging between $30B and $42B, with recent peaks confirming sustained market interest during consolidation.

RSI (Relative Strength Index)

April: RSI around 62 on the 4-hour chart at the time of breakout — bullish momentum without signaling overbought.

July: RSI currently sits above 50 on the daily, showing neutral-to-bullish momentum and room for upward movement.

MACD (Moving Average Convergence Divergence)

April: A confirmed bullish crossover occurred on April 27, signaling the beginning of a ~12.5% rally.

July: MACD is attempting to cross upward again, but lacks conviction. A high-volume breakout could act as a trigger.

Bollinger Bands

Currently tightening — typically a precursor to significant volatility. If price breaks above the current flag structure (~$109k), an explosive move is likely.

Movement Expectations

April flag breakout resulted in a move from ~$83,700 to ~$94,100 (+12.5%).

If July follows the same structure, we may see BTC targeting $120k–$135k – a potential 12% to 25% rally post-breakout.

Technical Summary

Indicator April 2025 July 2025

Daily Volume $30–35B $30–42B

RSI (4h/D) ~62 (bullish) >50 (bullish bias)

MACD Bullish crossover Attempting crossover

Bollinger — Tightening (volatility incoming)

Conclusion

The technical setup is similar to what we saw before the last breakout. A daily close above ~$109k, accompanied by rising volume, would provide a strong confirmation of continuation. The structure is in place — we’re waiting for momentum to follow through.

⚠️ This is not financial advice. It’s a technical analysis based on historical patterns and current market indicators.

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