Many Bitcoin investors must be wondering when, and even if, $BTC will finally lift-off and head higher into the next stage of price growth. $BTC has emerged from the top of its bull flag, but there is still no sign of a price surge. That said, holding firm rewards those who are patient. It’s just a matter of time For those investors who are worried about their Bitcoin positions, it must be borne in mind that just about every box has been ticked on the bullish check sheet. Yes, the price is still not moving in any major way since emerging out of a 6-week long bull flag, but it’s really just a matter of time. $BTC breakout on short-term time frame Source: TradingView In fact, looking at the short-term time frame, it can be seen that the $BTC price has just broken through the descending trendline formed by the tops of the previous two attempts to leave the bull flag. If this current surge can get above $110,600 it will take out the previous local high, made at the mid-point of the bull flag. From there, it would be expected for the price to go on and surpass the all-time high. Could the all-time high be threatened today? Source: TradingView The daily time frame puts things even more into perspective. The current candle has its base on the descending trendline and is driving higher. Depending on the price action through the rest of Wednesday, and perhaps some good news on the US trade tariffs front, the all-time high could even go today. At the bottom of the chart, the Relative Strength Index (RSI) illustrates that the indicator line has crossed back above the moving average (yellow line). Getting above the 60.00 level is the next target, and then a higher high at 64.00 would open the way to moving above 70.00 and into overbought territory. Bullish weekly chart for $BTC Source: TradingView The weekly chart is nothing but good news for $BTC. The breakout of the small bull flag has taken place, the confirmation of the breakout has happened, and now a decent upside move is expected. At the bottom of the chart, the RSI indicator has bounced nicely off the yellow moving average. If the indicator line can continue to climb all the way up and get above the last high at 79.00, this would negate bearish divergence, and could allow a huge price increase. At the very bottom of the chart, the Stochastic RSI is perfectly positioned, with the blue fast line back above the orange slow line, signalling strong upside price momentum. Be patient, it’s just a matter of time … Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.