The moment I've been patiently waiting for may be closer than I expected. We have seen for a while now, the dip of the dip of the dippidy dip and it's just horrible, lol.
Bitcoin has been stuck between $82,000 and $84,000 for far too long. At the time of writing this blog Bitcoin is around 83,113.43USD (from Google).
The buyers are struggling to push the value higher, and why won't they? Getting a crypto to bypass the $100K mark is not a joke, it'll take Trump being re-elected as president for that to happen, lol again.
The hope people have of seeing Bitcoin even above $90,000 has been going down and some don't believe it'll ever get back there the entire year.
Do not be afraid guys, because I come bearing good news (pun on bear season intended).
There's a popular technical pattern of crypto that suggests to those that can spot it that perhaps we'll be seeing a big rally for Bitcoin and hence the alt coins too.
Bitcoin’s price changes have created a look for its chart and that is forming what’s called a cup-and-handle pattern. This is a well known setup that usually leads to big moves up or big bull run.
Just in case you're unfamiliar with that pattern, I found this video that explains it quite well.
A crypto analyst on TradingView pointed this out. He said Bitcoin has been forming this pattern for years.
The "cup" part started in 2021 and it lasted until the middle of 2024, and if you could remember, that was also when Bitcoin recovered from a long bearish phase.
The “handle” part formed in late 2024 after Bitcoin hit a new all-time high of $108,786 in January 2025.
We have seen and we're practically in the bear season with Bitcoin dropping by 24% from that all time high. But Bitcoin is now sitting at an important support level.
Like I said, this pattern usually means there's a big jump of the price coming soon so if the pattern holds without anything unexpected happening globally to disrupt the whole concept, Bitcoin could actually bounce and start another strong rally.
Based on the pattern, some of the predictions suggest a target above $130,000 possibly even $139,000, that's pretty damn close to $150,000 which would be a huge all time high record that'll be talked about.
The cup and hold pattern is not the only thing the analysts are seeing to suggest the possibility of a bull run or price jump.
There's another analysis, called Elliott Wave Theory and this analysis also points to a big price jump. You see, Bitcoin is currently in a fifth wave, which is usually a strong uptrend.
But corrections along the way have brought Bitcoin back to this key support level. If the trend continues, the next move could push Bitcoin well past $130,000. It's all in the charts and trends now. The experienced ones are seeing the trends and they know it's coming soon.
Do I believe them? Well I wouldn't say with a 100 percent confidence that I believe it'll happen exactly so but a lot of times, charts don't lie and math is math.
But what is holding Bitcoin back from responding to this trend and giving us that sweet bull season?
Well first of all, Bitcoin can't just rally and jump pass $100K like some meme coin, it'll need to first get pass the $90K level to gain the momentum it needs to hit the next all time high.
It's hard to achieve that when you have the institutional investors who bought huge stacks of BTC selling them. They're constantly putting pressure on the price so it's definitely going to struggle to break above $90K.
The way for this to happen is if some big buyers decide to step in at a go and push the price past some key levels. If this happens, we could see a massive breakout in the coming months.
I may not have all the reasons as to why I think this could happen but the reasons I've given are pretty solid and we could see a bull season soon.
What do you guys think though, do you believe this could happen?
https://youtu.be/M7BaWuE3S1g?si=4EPb0P_fUKyXxDwt