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Bitcoin repeats a symmetrical triangle of 2019 and 2024, which preceded 12 months rallies.
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The MA acts as a support after the Halving of 2024, a pattern that historically drives increases.
The Bitcoin (BTC) market is showing technical signals that could anticipate a new bullish cycle, According to various analysts who have identified historical patterns in the price graphics. As Bitcoin consolidates near the USD 85,000, users highlight technical formations and key levels that, in the past, have preceded significant rallies.
On April 20, 2025, the analyst Merlijentrader (@merlijntrader) shared a Bitcoin weekly graphic, highlighting a symmetrical triangle pattern that has been repeated in previous cycles, specifically in 2019 and 2024. Remember that A symmetrical triangle is a graphic formation in which the support and resistance lines converge towards a point, forming a triangle.
According to your analysis, These formations have been the prelude to prolonged upward movements, with up to 12 months of Green candles. In his publication, Merlijentrader said: «The same rupture pattern is happening now. Prepare for 12 months of green candles ».
The chart presented to Bitcoin recently breaking a symmetrical triangle, with the price pointing the USD 100,000. However, there is also a bearish divergence in the RSI (relative force index), indicating a possible pause or correction before a greater movement. This historical pattern suggests that, if the trend is maintained, Bitcoin could point to new maximums, potentially exceeding the USD 120,000, according to technical projections based on the height of the triangle.
Another analyst, Superbitcoinbro (@superbitcoinbro), contributed a complementary perspective by pointing out that Bitcoin has turned the 50 -day mobile average (MA50) into a support in the daily chart. Let us remember that The mobile average is an average prices of an asset (such as Bitcoin) during a certain number of periods (days, hours, weeks). It is called «mobile» because, as new data is added (for example, the closing price of a new day), the oldest data is eliminated and the average is recalculated, which makes the line «move» over time.
In his analysis, he shared a graph that identifies three recent instances (2023 and 2024) in which Bitcoin formed an inverted «head and shoulder structure in the form of V» Just above a previous range, and then consolidate in the MA50 before continuing its ascent. Let’s keep in mind that inverted shoulder-hombro (Acts) is a technical analysis pattern that indicates a possible upward reversion in financial markets. It is formed in a bearish trend and, when completed, indicates that the price is about to change the rise.
«History is not repeated, but often rhyme,» Superbitcoinbro wrote, suggesting that this behavior could be an indicator of an upcoming upward movement. In the responses to its publication, users such as @indianhodl highlighted the structural similarity of these formations, while @urhightxss raised the possibility that the upward cycle will extend until the first quarter of 2026, with price objectives greater than USD 200,000, according to projections of other analysts such as @virtualbacon0x.
An ascending channel and the USD 90,000 area
For its part, Misterrcrypto (@MisterRcrypto) shared an analysis that reinforces the upward narrative. His Bitcoin daily chart shows an ascending channel that has guided the price since the end of 2023. This perspective is based on the analysis of the halving indexes, which are the indicators, metrics or patterns that analysts use to measure the impact of the halving on the price of Bitcoin and market behavior.
The Misterrcrypto graph highlights how Bitcoin has consistently bounced at the bottom of the channel, with the USD level. 90,000 being able to act as a key support. This analysis coincides with the observations of Merlijentrader and Superbitcoinbro, as all point to a technical structure that could resume the upward trend, provided that the support levels are maintained.
As we can see, the three analysts coincide in an upward narrative for Bitcoin, although with nuances. For investors, these analyzes have an opportunity, but they are also a reminder of the volatility inherent to the cryptocurrency market. It will be necessary to wait to see what happens in the coming weeks and in the global economy to make decisions.