According to online reports, CoinDesk analyst and licensed market technical analyst Omkar Godbole said that the current Bitcoin price chart shows a well-formed bull market flag, suggesting that it may break through historical highs, which is consistent with some traders 'expectations that prices will rise to $140,000 or even higher. But a breakthrough of $109,000 is currently needed to confirm a bull market breakthrough, which will open the door for prices to rise to $146,000. Omkar Godbole said the bull market flag pattern represents a counter-trend consolidation with narrow, low volume that follows a sharp rise. The magnitude and duration of this consolidation are usually smaller than previous rallies, helping to alleviate short-term overbought conditions and accumulate energy for the next round of gains.