Btc bitcoin all time high new target long term horizon

Hi traders as you can see we've flag pattern in weekly time frame in btc usd
Bitcoin seems to be more and more in news nowadays as it is almost all time high level. And consolidation in this area is very good for fruitful breakout.
As new buyers won't got their desired profit and sellers are afraid of thier big loss so when they squareoff their positions there is good breakout always.
Lets see this view is my personal and educational purpose only.