Bitcoin’s Bull Market Progress Hits 82% as Price Approaches $100K
According to Rekt Capital, Bitcoin continues its bullish momentum, advancing 82% through its current market cycle. The flagship cryptocurrency follows a repeating historical pattern of breakouts, rallies, and corrections. After breaking a downward trend, Bitcoin surged past key resistance levels , mirroring its previous cycles. The price now consolidates near all-time highs, reinforcing the market’s cyclical nature. Notably, resistance near $100,000 could determine Bitcoin’s next major move.
The price patterns of Bitcoin in the past built up a repeating structure across bull markets. This type of rally had been observed in 2016 when Bitcoin broke out of a long-term downtrend and went up aggressively in the following year. It has been through some corrective movement and now entering a new phase of consolidation.
Something similar occurred with Bitcoin in 2020. The same peak was reached in 2021, and then it underwent a corrective phase. Right now, in 2025, Bitcoin is doing exactly the same breakout and acceleration that was seen in all cycles before.
Besides, Bitcoin has consistently respected historical support and resistance zones. Significant past levels include $19,686 and $68,776, which have influenced Bitcoin’s price trajectory. The 2025 cycle remains in an expansion phase, resembling past trends.
According to historical evidence, resistance at around $100,000 could prove to be a temporary hurdle. However, past cycles indicate that such heavy resistance often leads into rapid acceleration after being overcome. Furthermore, there is strong support at $20,000, ensuring that big corrections could be overcome in this view of Bitcoin recovery.
Bitcoin’s price movement aligns with previous cyclical trends . Each bull run followed a structured pattern of accumulation, breakout, rally, correction, and continuation. Moreover, historical corrections have typically led to stronger long-term uptrends. Consequently, Bitcoin’s current positioning suggests that further upside potential remains within reach.
Bitcoin’s price movements follow the same pattern that the price has historically followed. The recent spike in price of Bitcoin is due to the breakout of a downtrend, and it is now entering a consolidation phase. The breakout confirmation points coincide with previous market cycles, thus confirming the cyclical nature of the cryptocurrency.
Additionally, major cyclical shifts have historically marked crucial price movements . The 2025 cycle mirrors past trends, where Bitcoin maintained steady growth following a breakout. Hence, the ongoing bull market suggests Bitcoin’s upward trajectory could continue if historical patterns persist.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Arthur Hayes said that BTC may bottom out at around $70,000, a 36% correction from its all-time high of $110,000, which is normal for a bull market. Earlier, Arthur Hayes predicted that Bitcoin would first fall to 70,000 to 75,000, and then rise to 250,000 by the end of the year, and in the long term it would reach $1 million.
📊 Which Blockchains Are Leading?
According to CryptoRank, the BNB Chain network hit a record $16.5 million in DApp revenue in February, while Sonic surpassed Sui to reach $3.8 million. Ethereum and Solana saw notable declines, falling 30% and more than 50%, respectively.
📈 CryptoQuant analysts note that Binance has recorded an all-time high of stablecoin inflows of $31.3 billion. This could mean that investors are pouring liquidity into the exchange, potentially preparing for a coin accumulation.
❗️ Economist Timothy Peterson warns that if the Fed delays its rate cut in 2025, it could trigger a wider market downturn and send BTC crashing to $70,000.
⚡️ Michael Saylor has stated that the US government should aim to hold 25% of Bitcoin's supply by 2035, when 99% of all BTC will be issued.
🔥 How High $XRP May Rise Before the 2028 Bitcoin Halving
XRP could reach double-digit prices by the next Bitcoin halving
in the best-case scenario or remain lower in a bearish scenario.
XRP remains one of the top crypto assets that many in the industry pay close attention to its price performance. As of now, XRP is trading at $2.35, down 7% over the past 24 hours. However, many project a future where XRP could reach double-digit values.
The crypto market follows a four-year cycle, with prices dipping and rising, often guided by Bitcoin’s halving events. Historically, XRP’s price has mirrored the seasonality of Bitcoin halvings.
Bitcoin’s most recent halving occurred in 2024, and XRP’s price has surged since then. Now, with 1,133 days until the 2028 Bitcoin halving, XRP holders are interested in gauging how the token will perform in the meantime.
This analysis will rely on XRP’s historical performance between Bitcoin halvings and expert suggestions.
🔸 #XRP Rise from 2016 to the 2020 Bitcoin Halving and from 2020 to 2024
Bitcoin’s 2016 halving took place on July 9, with BTC trading as low as $633. By the next halving, its price had surged to nearly $10,000—a 15X increase.
During the 2016 halving, XRP was at just $0.006624. By May 11, 2020, when Bitcoin experienced its next halving, XRP had risen to $0.2002. This marked an increase of nearly 2,922% from its 2016 lows.
However, by the 2024 halving on April 20, XRP was trading at $0.5299. From the previous halving’s lows to the 2024 halving highs, XRP only surged by 194%. In contrast, Bitcoin’s price increased by 681% from its previous halving lows to the 2024 halving highs.
Many attribute XRP’s relatively underwhelming performance between 2020 and 2024 to the SEC lawsuit. While XRP triumphed in the lawsuit in 2023, it wasn’t until November 2024 that its price began to show an uptrend.