{"id":4376,"date":"2025-06-28T14:41:48","date_gmt":"2025-06-28T14:41:48","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-builds-pressure-with-bullish-patterns-as-etfs-fuel-breakout-hopes\/"},"modified":"2025-06-28T14:41:51","modified_gmt":"2025-06-28T14:41:51","slug":"bitcoin-builds-pressure-with-bullish-patterns-as-etfs-fuel-breakout-hopes","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-builds-pressure-with-bullish-patterns-as-etfs-fuel-breakout-hopes\/","title":{"rendered":"Bitcoin builds pressure with bullish patterns as ETFs fuel breakout hopes"},"content":{"rendered":"
\n

Bitcoin is flashing strong technical signals, forming both a cup-and-handle and a bullish flag pattern that suggest a potential surge to new all-time highs. <\/p>\n

Bitcoin (BTC) has been stuck at the significant resistance level of $107,000 for the past three days. It has jumped by nearly 10% from its lowest point this week.<\/p>\n

What\u2019s fueling the latest rally?<\/p>\n

U.S. spot Bitcoin ETFs drew $2.2 billion in inflows this week alone\u2014the third consecutive week of net additions. According to SoSoValue data<\/a>, which represents a substantial increase from the $1.02 billion Wall Street investors accumulated last week. <\/p>\n

These ETFs have had net inflows of $4.5 billion this month, down from $5.2 billion in May and $2.9 billion in April. They have had cumulative inflows of $48.87 billion, meaning that the figure could cross the $50 billion milestone in July.<\/p>\n

With supply on exchanges at its lowest since 2017, market momentum appears to favor the bulls, setting the stage for a possible breakout above the $111,900 peak.<\/p>\n

<\/p>\n

Bitcoin chart analysis<\/h2>\n

BlackRock\u2019s IBIT leads the charge<\/strong>. The ETF added over $52 billion in assets. It now holds $74.5 billion, making it one of the biggest ETFs in the U.S. Fidelity\u2019s FBTC has $12 billion in inflows and now has $21.5 billion in assets.<\/p>\n

The soaring Bitcoin demand is happening at a time when the supply on exchanges has continued falling. Santiment data shows that there are 1.21 million coins on exchanges, its lowest level since December 2017.\u00a0<\/p>\n

<\/source><\/p>\n<\/picture>
BTC price chart | Source: crypto.news<\/figcaption><\/figure>\n

The daily chart indicates that Bitcoin has rebounded over the past few days, rising from a low of $98,253 to $107,400. It remains above the 50-day and 100-day Exponential Moving Averages, a sign that bulls are in control.<\/p>\n

Bitcoin has formed a bullish flag pattern, one of the most positive signs in technical analysis. This pattern comprises a vertical line and a descending channel, which is part of the flag.\u00a0<\/p>\n

It has also formed a cup-and-handle pattern, consisting of a rounded bottom and a descending channel. This channel is part of the bullish flag.<\/p>\n

Therefore, the most likely scenario is that it rebounds and possibly reaches its all-time high of $111,900. A move above that level will indicate further upside, potentially reaching the psychological point at $115,000.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is flashing strong technical signals, forming both a cup-and-handle and a bullish flag pattern that suggest a potential surge to new all-time highs. Bitcoin (BTC) has been stuck at…<\/p>\n","protected":false},"author":1,"featured_media":4116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4376"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4376\/revisions"}],"predecessor-version":[{"id":4377,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4376\/revisions\/4377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4116"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}