The Bitcoin (BTC) market shows a technical signal that can predict a new bullish cycle. According to various analysts who have identified historical patterns of price graphics. As Bitcoin integrates near US$85,000, users highlight technology formation and critical levels that have preceded important meetings in the past.
On April 20, 2025, analyst Merlijentrader (@merlijntrader) shared a weekly graphics for Bitcoin, highlighting previous cycles, particularly symmetrical triangle patterns that were repeated in 2019 and 2024. A symmetric triangle is a graphic formation in which the support lines and resistance lines converge towards the point to form a triangle.
According to the analysis, These formations prelude upward movements for up to 12 months over a long period Green candle. In his publication, Merlijentrader states: «The same rupture pattern is currently occurring. Prepare for 12 months of green candles».
The chart presented to Bitcoin recently destroyed a symmetrical triangle, with a price pointing to 100,000 USD. However, RSI (Relative Force Index) also has a bearish divergence. Indicates possible pauses or modifications before a larger movement. This historical pattern suggests that, if the trend is maintained, Bitcoin can point to a new maximum of over 120,000 USD, according to technical forecasts based on the height of the triangle.
Another analyst, Superbitcoinbro (@superbitcoinbro), contributed to a complementary perspective by pointing out that Bitcoin has transformed its 50-day mobile average (MA50) into daily chart support. Please remember that Mobile average is the average price of assets (such as Bitcoin) over a given period (days, hours, weeks). When new data is added (for example, the closing price on a new day), the oldest data is eliminated, the average is recalculated, and the line “moves” over time, so it is called “mobile.”
In his analysis, he shared a graph identifying three recent instances (2023 and 2024). Bitcoin formed the reverse “head and shoulder structure in the form of a v” Just above the previous range, then merge with the MA50 before continuing to rise. Please note that the inverted shoulder area (ACTS) is a technology analysis pattern that shows the possibility of an upward return in financial markets. It forms with a bearish trend, and when completed, it indicates that prices are about to change the rise.
“History doesn’t repeat itself, but it often rhymes,” writes Super Bitcoin Bro. This behavior suggests that it could be an indicator of upward movements in the future. In response to that publication, users such as @indianhodl highlighted the structural similarity of these formations, and @urhitxss increased the likelihood that the upward cycle would be extended to over 200,000 US dollars through the first quarter of 2026, according to forecasts from other analysts such as @virtualbacon0x.
Rising channels and USD 90,000 area
For that part, misterrcrypto (@misterrcrypto) shared an analysis that reinforces the upward narrative. His Bitcoin Daily Chart shows the upward channels that have been guiding prices since the end of 2023. This perspective is based on the analysis of half indexes, which are metrics, metrics, or patterns analysts use to measure the impact of Bitcoin prices and market behavior on price.
The Mistrercrypto graph highlights how Bitcoin bouncing off at the bottom of the channel at the USD level. 90,000 can serve as important support. This analysis is consistent with the observations of Merlijentrader and Superbitcoinbro, as it points to all technical structures that can resume the upward trend if support levels are maintained.
As we can see, the three analysts match the upward narrative of Bitcoin, although with nuance. For investors, these analyses offer opportunities, but also remind us of the volatility inherent in the cryptocurrency market. To make a decision, we will need to wait to see what happens in the next few weeks and the global economy.
