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Bitcoin Price Flashes Signal That Has Led To A Surge Every Time

by Scott Matherson
May 8, 2025
in Cryptocurrency
Reading Time: 4 mins read
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The Bitcoin value motion has as soon as once more caught the eye of the broader crypto market, because it flashes main bullish indicators which have, with out fail, led to vital rallies all through this cycle. Constructing on this technical sign, a crypto analyst has forecasted that Bitcoin might mirror historic tendencies and probably surge to a brand new all-time excessive. 

Bollinger Band Sign Hints At Bitcoin Value Rally

A more in-depth have a look at Bitcoin’s weekly chart introduced by Bitcoinsensus on X (previously Twitter) reveals a essential sample that has solely appeared 4 occasions since 2022. Every prevalence has marked the start of a robust upward motion in Bitcoin’s value, making this a extremely bullish setup.

Associated Studying

The sign in query is the Bollinger Bands, which is thought to establish potential reversal zones. The evaluation reveals that Bitcoin has lately touched the decrease Bollinger Band on the weekly chart and bounced upward, confirming a assist degree that traditionally acted as a springboard to sustained bullish momentum. 

This marks the fifth time this particular sign has occurred throughout this cycle. Every of the previous 4 indicators, highlighted by the white circles on the chart, was adopted by robust value rallies. 

Bitcoin
Supply: Bitcoinsensus on X

Notably, in early 2023, Bitcoin rallied from under $2,000 to over $30,000 following the looks of this Bollinger Band sign. An analogous sample performed out in mid-2023 when this setup triggered a surge that pushed Bitcoin above $45,000. Later that 12 months, 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 traditionally dependable indicator. Its value discovered robust assist close to the $77,500 degree, with resistance ranges set above $106,000. Because the Bollinger Bands align, Bitcoinsensus predicts a possible rally towards $130,000 – $160,000. This may mark a historic all-time excessive for Bitcoin, representing a most improve of over 46.7% from its present ATH above $109,000. 

BTC Poised For Breakout As Value Nears $100,000 Once more

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 Dealer Tardigrade predicts that Bitcoin will quickly escape of bearish resistance to achieve new highs.

Associated Studying

The analyst shared a BTC chart evaluation highlighting a recurring breakout sample that has traditionally preceded giant 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.

Within 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 initiatives a possible goal zone between $100,000 – $136,000, marking a brand new ATH.

Bitcoin
BTC buying and selling at $99,634 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from Pixabay, chart from Tradingview.com



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