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The Bitcoin price action has as soon as once more caught the eye of the broader crypto market, because it flashes major bullish signals which have, with out fail, led to important rallies all through this cycle. Building on this technical sign, a crypto analyst has forecasted that Bitcoin may mirror historic traits and doubtlessly surge to a new all-time high.
Bollinger Band Signal Hints At Bitcoin Price Rally
A nearer take a look at Bitcoin’s weekly chart presented by Bitcoinsensus on X (previously Twitter) reveals a important sample that has solely appeared 4 occasions since 2022. Each prevalence has marked the start of a powerful upward movement in Bitcoin’s price, making this a extremely bullish setup.
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The sign in query is the Bollinger Bands, which is thought to determine potential reversal zones. The evaluation reveals that Bitcoin has lately touched the decrease Bollinger Band on the weekly chart and bounced upward, confirming a help degree that traditionally acted as a springboard to sustained bullish momentum.
This marks the fifth time this particular sign has occurred throughout this cycle. Each of the previous 4 alerts, highlighted by the white circles on the chart, was adopted by sturdy value rallies.
Notably, in early 2023, Bitcoin rallied from beneath $2,000 to over $30,000 following the looks of this Bollinger Band sign. A comparable sample performed out in mid-2023 when this setup triggered a surge that pushed Bitcoin above $45,000. Later that yr, the identical sign preceded a breakout, with BTC hovering previous $60,000. Most lately, in early 2024, the Bollinger Band sign sparked a parabolic run above $100,000.
Now, in Q2 of 2025, Bitcoin is as soon as once more flashing this historically reliable indicator. Its value discovered sturdy help close to the $77,500 degree, with resistance ranges set above $106,000. As the Bollinger Bands align, Bitcoinsensus predicts a possible rally towards $130,000 – $160,000. This would mark a historic all-time excessive for Bitcoin, representing a most enhance of over 46.7% from its current ATH above $109,000.
BTC Poised For Breakout As Price Nears $100,000 Again
The Bitcoin value is as soon as once more approaching the $100,000 mark after its newest 4.75% surge this previous week. Amidst its value restoration, crypto analyst Trader Tardigrade predicts that Bitcoin will quickly escape of bearish resistance to succeed in new highs.
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The analyst shared a BTC chart evaluation highlighting a recurring breakout sample that has traditionally preceded massive upward strikes after a breakout from a descending resistance trendline. This sample has emerged 3 times up to now: first from late 2022 to early 2023, then from mid-2023 to early 2024, and at last from late 2024 to early 2025.
In the present setup, Bitcoin is as soon as once more testing the descending trendline resistance and seems to be breaking out from it. If historical past is any indication, the analyst tasks a possible goal zone between $100,000 – $136,000, marking a brand new ATH.
Featured picture from Pixabay, chart from Tradingview.com
