- Bitcoin forms a familiar setup as a Golden Cross sparks comparisons to past bull runs.
- Price compresses under resistance, forming a wedge that hints at a breakout ahead.
- Golden Cross rallies of 139%, 2200%, and 1190% spotlight the stakes of the 2025 setup.
Bitcoin’s technical structure continues to tighten, with recent price movement reflecting past bullish cycle behavior. Analysts have identified crucial technical indicators, including a fresh Golden Cross and a descending wedge.
Historical Rallies Followed Prior Golden Cross Events
Bitcoin’s time frame patterns between 2015 and 2025 display repeating behavior around key crossover signals and cycle formations. The data focuses on the Golden Cross, which signals potential bullish momentum when a short-term moving average rises above a long-term average.
Market structure now resembles the pre-rally phases of earlier bull markets. Bitcoin is once again approaching a familiar technical setup, which has prompted renewed focus on historic breakout signals. Merlijn The Trader has presented an analysis of previous Golden Cross events and their resulting gains.
Source: Merlijn The Trader
According to Merlijn The Trader, the first major Golden Cross occurred in early 2016, leading to a 139% rally. He noted a second crossover later that year, followed by Bitcoin’s explosive 2200% run into late 2017. The analyst also pointed out that in 2019, a similar crossover led to a 1190% surge over the next two years.
He tracked another Golden Cross near $25,000 in early 2024. Following that signal, BTC price action advanced past $65,000. His timespan displayed these crossover points using yellow circles and showed each rally inside green-shaded zones, representing the rally period.
The most recent crossover appears structurally similar to previous ones, according to the visual analysis. Historical gains remain marked, while the current cycle remains in motion, labeled with a “?%” to indicate potential future movement.
Bitcoin Compresses Beneath Resistance, Awaiting Confirmation
Rekt Capital has provided additional insights into Bitcoin’s short-term technical formation using daily candlestick data from early 2025. His analysis focuses on price compression within a descending wedge, framed by consistent lower highs and defended support levels.
He marked six price rejections from a black descending trendline, with each peak forming lower than the previous one. Each rejection followed a similar structure: price approached resistance, briefly pierced it, and then reversed. The trendline currently converges near $85,000.
Source: Rekt Capital
Rekt Capital has drawn a blue support line below, connecting successive lows and forming a wedge. A red horizontal support at $78,508 has repeatedly acted as a reversal zone. The most recent candle shows price testing the upper trendline, closing just below it.
According to the analysis, a confirmed breakout requires a daily close above the trendline, followed by a successful retest. Bitcoin’s price remains compressed between support and resistance, creating a narrowing range ahead of a possible breakout move.
