- Bitcoin’s bounce from the long-term trendline near $86,000 confirms continued bullish momentum and strong market structure into 2025.
- Growing confidence and consistent higher lows since 2022 support projections of Bitcoin surpassing $100,000 in the coming months.
- Despite potential short setups above $88,000, the dominant trend remains bullish with strong accumulation and investor conviction.
Bitcoin continues to demonstrate remarkable strength as it trades around $86,796 after bouncing off a key ascending trendline. This critical level, which has supported price action since late 2022, held once again. Consequently, Bitcoin’s macro bullish structure remains firmly intact. The trendline bounce, marked as point “31” on the weekly chart, confirms strong market confidence. Furthermore, the chart reflects a consistent uptrend marked by higher highs and higher lows. Each retracement respected support, maintaining a healthy correction pattern within the ongoing bull cycle.
Besides the technical indicators, market sentiment is also shifting. The disbelief that surrounded Bitcoin’s rise back at $77,000 is fading. Moreover, the surprise effect of each pump strengthens the bullish case. Traders who flipped long after March 11 are now comfortably positioned. They are riding a three-win streak following an earlier brief pullback. This reinforces the conviction of those accumulating spot positions early.
Pullbacks Create Stronger Foundations
Every major dip since 2022 found support above the trendline. Support regions in March, July, and September 2023 strengthened the long-term structure. Hence, the bullish market setup remains solid. These pullbacks, lasting two to four weeks, consistently reversed higher. None of them broke below trendline support, suggesting growing institutional and retail interest during dips. Additionally, the recent bounce near $60,000–$65,000 marked another turning point. It emphasized buyers’ willingness to defend critical zones.
Moreover, Bitcoin’s breakout in early 2024 above prior consolidation areas led to gains. The upward momentum carried BTC beyond $70,000 and set new all-time highs. Despite intermittent corrections, Bitcoin preserved its bullish bias. Consequently, the market structure encouraged confidence among traders, expecting a continued rally in late 2025.
ATH in Sight as Market Builds Toward Breakout
Currently, the technical outlook favors continuation toward all-time highs. The forecast projects Bitcoin surpassing $100,000 if the structure holds. Importantly, this aligns with historical cycle patterns and investor rotation strategies. While a short setup above $88,000 may emerge, it remains countertrend. The core strategy still supports staying long and accumulating.
Hence, traders are advised to distinguish short-term plays from the high timeframe bullish narrative. Bitcoin remains in a strong position, driven by structure, sentiment, and macro-cycle dynamics. As the market advances, trendline support continues to validate the bullish thesis. With summer approaching, Bitcoin’s roadmap toward new highs becomes increasingly likely.
