Bitcoin Bullish Flag Formation, Analysts Optimistic Targeting US$125,000

Bitcoin (BTC) recently experienced an increase to the level of US$108,000 on Wednesday night (25/06). As a result, analysts are optimistic that the crypto market is relatively bullish.
An analyst Giuseppe Dellamotta stated that Bitcoin is currently showing a *bullish flag* pattern on the daily chart, consolidating since the major rally in May with the current price around US$107,000. This pattern signals an upward trend, with a conservative target projection of US$125,000 if a breakout above the US$109,000 resistance is confirmed.
Technically, the main *support* area is at US$103,600 and US$100,000, while important *resistance* is at US$109,000 and US$112,000. If the price can break through the *resistance*, the chances of reaching levels of US$125,000 to US$130,000 increase.
The increase in prices is driven by easing geopolitical tensions, particularly following the confirmation of the Iran-US ceasefire and the expansionary monetary policy. Macroeconomic factors such as the potential rate cuts by The Fed and the inflow of Exchange-Traded Fund (ETF) also strengthen positive market sentiment.
Overall, the medium-term prospects for Bitcoin remain optimistic, supported by institutional sentiment, new capital flows, and conducive regulatory developments. However, volatility remains high, so risk management is still necessary.