• Bitcoin price pumped over 3% after dipping to 5-digit price levels. 
  • Analyst notices the same bullish pattern from late 2020 on BTC weekly chart. 
  • Bitcoin price prepares to enter a bullish year of 2025 for BTC price.

Bitcoin (BTC) is in the midst of the start of the most bullish phase of a crypto bull cycle. During this phase, Bitcoin set its latest ATH price at $103,900.47 before slipping into a healthy correction phase, one that may still be playing out. After dipping to the $97,000 price range, Bitcoin has just rallied to over $100,000 after a sudden pump of over 3%.

BTC Price Reclaims 6-Digit Price Level

The crypto market is pleased to see Bitcoin reclaim a 6-digit price range bringing it closer to its 6-digit ATH price. In the eyes of seasoned crypto traders, Bitcoin is expected to continue in a slow sideways movement taking its price between $90,000 to $110,000. This suggests more dips and new ATHs in the coming days. 

The candlestick structure in #Bitcoin on the weekly is shockingly similar to that of late 2020 pic.twitter.com/Kf0BQMRbPH

— Tony "The Bull" Severino, CMT (@tonythebullBTC) December 11, 2024

Bitcoin Prepares for Bullish Surge in 2025

In particular, analysts are certain that the next ATH for Bitcoin will be between $125,000 to $135,000, and that the $125,000 ATH will arrive by January – February . In light of this expectation, analysts are finding significant pump indicators on the Bitcoin price chart. For instance, the chart in the image above depicts a candlestick structure on the weekly that’s eerily similar to that of late 2020. 

A Bullish #Bitcoin in 2025 Seems Inevitable 🚀 #Crypto momentum is building and the upcoming year is set for green 🟢.

4 year cycle : 1 bearish year followed by 3 bullish ones. 📸 pic.twitter.com/dK91erCvBg

— Titan of Crypto (@Washigorira) December 11, 2024

Similarly, another chart adds to the bullish BTC price expectations as one analyst highlights in the image above, the inevitable sign for a bullish Bitcoin pump in 2025. In detail, crypto momentum is building and the upcoming year is set to be green. The crypto cycle is a four year cycle where 1 bearish year is followed by three bullish ones and 2025 is the last and usually, most bullish year of this cycle. 

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