Bitcoin (BTC) Poised to Rise Higher? Historical Patterns Hint at a New All-Time High Rally

Date: Fri, May 30, 2025 | 03:32 PM GMT The cryptocurrency market has staged an impressive rebound this quarter, with Bitcoin (BTC) leading the charge. After climbing over 28% in Q2, BTC is now trading above $105,000. This comes after the world's largest cryptocurrency touched a new all-time high of $111,917 earlier this month—before facing a slight pullback, sparking speculation on whether BTC has already topped or is merely consolidating for another move higher.

Source: Coinmarketcap However, a closer look at historical price behavior may help clear the fog around Bitcoin's next move. Bitcoin’s Fractal Signals More Upside According to insights from prominent crypto analyst CryptoAmsterdam, Bitcoin could be in the middle of repeating a well-established historical pattern—one that has led to explosive rallies in the past. The chart shows $BTC entering a “chop zone” just after breaking previous highs, a behavior it has displayed in previous cycles before moving much higher. This sideways consolidation, marked by a red highlight, appears nearly identical to the consolidation seen in early July 2017 and again in early January 2021—both of which preceded significant bull runs.

BTC and BTC.D Chart/Source: @damskotrades (X) If this pattern holds, BTC could be forming its “first leg” into new highs and may soon begin its second explosive rally. BTC Dominance Offers a Crucial Clue The second half of the chart focuses on Bitcoin Dominance (BTC.D)—a metric that measures BTC’s share of the total cryptocurrency market. Historically, Bitcoin Dominance tends to peak right before Bitcoin starts its second leg up in the cycle. In both 2017 and 2021, BTC dominance reached its highest point during the consolidation phase and then sharply declined as BTC skyrocketed and capital rotated into altcoins. We are seeing a very similar setup today: BTC.D is approaching a trendline resistance and has entered a historically critical zone. If dominance peaks again in the coming weeks, it could signal the beginning of BTC’s second leg—potentially sending prices into uncharted territory. What’s Next? If Bitcoin mirrors its past behavior, the current sideways movement above $100K could be a launchpad, not a ceiling. Historical fractals and the BTC.D trend suggest we may be just at the midway point of this cycle, not the end. That said, technicals only paint part of the picture. Macroeconomic conditions, ETF flows, and regulatory developments will also play crucial roles in determining whether Bitcoin reaches $125,000—or beyond—in this bull run. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.