- Bitcoin has broken above $117.8K after forming a triangle near $108K, repeating its precise 2024 breakout structure.
- Price reclaimed the $98K base and surged, following the same four-step rally cycle seen before the 2024 run to $69K.
- This leg could extend toward $135K–$140K as Bitcoin holds structure, breaks resistance, and mirrors last year’s bullish rhythm.
Bitcoin has broken above $117,800, following a breakout from a clean triangle consolidation that formed above $108,000. The current chart setup mirrors Bitcoin’s 2024 rally structure almost identically, both in formation and sequence.
The pattern shows strong bullish continuation, with Bitcoin reclaiming key levels and accelerating from its recent higher low near $98,000. This support matches the 2024 consolidation base near $40,000, which triggered a vertical move after similar compression.
2024 and 2025 Follow the Same Four-Step Cycle
In 2024, Bitcoin moved from $25,500 to $42,000 in a steep rising channel, then rejected around $48,000. Price dropped to $40,000, held firm, and formed a tight triangle. That coil led to an explosive rally to $69,000.
Source: (X)
The move started at $69,500, pushed toward $108,000 inside a rising channel, and faced rejection near $117,000. After pulling back to $98,000, Bitcoin held that base, formed compression above $108,000, and broke out this week. Price behavior matches the same rhythm-initial surge, rejection, base retest, and breakout from a coiling structure.
Triangle Breakout Confirms Upside Intent
This breakout has now pushed Bitcoin through the $117,500 zone. The triangle’s upper trendline acted as resistance until the price broke above it with strong conviction. Support near $102,000–$104,000 held the pullback, echoing the role of $40,000–$42,000 last year.
Momentum has returned with force as the price cleared resistance. The move reflects Bitcoin’s 2024 breakout from $46,000 to $69,000. With structure intact, the next leg upward may now be underway.
$135K–$140K May Be the Next Critical Zone
Bitcoin is moving toward $120,000 with price action holding strong. The $135,000 to $140,000 zone stands as the next target.
That zone would match the scale and amplitude of the 2024 expansion leg. Both cycles featured near-identical retracements and consolidation sizes, signaling structured accumulation followed by rapid upside movement.
Bitcoin has respected every critical level in this structure. Its latest breakout keeps the uptrend intact and shows strong control by buyers in this range. The sequence is clear, repetitive, and developing with precise rhythm.
