Bitcoin Price Shows Indicator That Has Triggered a Spike Each Time

Bitcoin’s price fluctuations have once again captured the attention of the entire cryptocurrency market, signaling significant bullish trends that historically lead to notable price increases in this cycle. A crypto analyst suggests that Bitcoin may replicate past patterns and potentially reach a new peak.

Bollinger Band Indicator Suggests Bitcoin Price Increase

An examination of Bitcoin’s weekly chart, as presented by a noted analyst on social media, reveals a crucial pattern that has manifested only four times since 2022. Each instance has signaled a robust upward trend in Bitcoin’s price, indicating a strongly bullish environment.

Further Reading

The indicator in focus is associated with Bollinger Bands, which typically highlight potential reversal zones. Recent analysis indicates that Bitcoin has touched the lower Bollinger Band on the weekly chart, rebounding upwards and confirming a support level that has historically initiated sustained bullish movement.

This occurrence marks the fifth time this indicator has been observed during the current cycle. Historically, each of the previous four occurrences, marked by white circles on the chart, was succeeded by significant price rallies.

Interestingly, early in 2023, Bitcoin saw a surge from under $20,000 to over $30,000 after this particular Bollinger Band indicator appeared. A similar scenario unfolded in mid-2023, leading to a rise above $45,000. Later that same year, the signal was again instrumental, facilitating a climb past $60,000. Most recently, in early 2024, the appearance of this signal led to a parabolic increase exceeding $100,000.

Currently, in Q2 of 2025, Bitcoin is signaling this historically consistent indicator once more. The price has found support around the $77,500 level, with resistance anticipated above $106,000. As the Bollinger Bands align, analysis suggests a possible rise toward the range of $130,000 to $160,000, which would constitute a historic all-time high for Bitcoin, reflecting a potential increase of over 46.7% from its latest ATH above $109,000.

BTC Ready for Breakout as Price Approaches $100,000 Again

Bitcoin’s value is once again nearing the $100,000 threshold following a recent surge of 4.75%. Amidst this recovery, a leading crypto analyst forecasts a forthcoming breakout from bearish resistance, suggesting Bitcoin will likely reach new heights.

Further Reading

The analyst provided a BTC chart analysis emphasizing a recurring breakout pattern that has historically preceded notable upward movements following a breakout from a descending resistance line. This pattern has manifested three times previously: first from late 2022 to early 2023, then from mid-2023 to early 2024, and finally from late 2024 to early 2025.

In the current situation, Bitcoin is again testing the descending trendline resistance and appears to be breaking free from it. Based on historical trends, the analyst estimates a potential target range between $100,000 and $136,000, indicating a new all-time high.

Image from a free stock source, analysis from an analytics platform