Bitcoin's 2.5% surge to $87,000 signals 2018-like bullish trend

Coin WorldMonday, Apr 21, 2025 7:23 am ET
2min read

Bitcoin is signaling a potential resurgence in 2025, with market indicators drawing parallels to the compelling post-bear market rally of 2018. Amid a subdued retail environment, technical metrics are suggesting Bitcoin may be on the brink of a significant uptrend. According to insights from COINOTAG, “Historical patterns indicate that these market transitions could lead to extended bullish phases, much like in 2018.”

As Bitcoin approaches the midway point of 2025, investors are noting a remarkable similarity to its historical performance in 2018. Following a prolonged bear phase, Bitcoin’s market cap recently broke through crucial resistance levels, causing market analysts to speculate on a possible new bull cycle. The lower indicators speak volumes, highlighting a shift in sentiment that could lead to a re-emergence of bullish momentum if prior trends repeat themselves.

The chart analyses highlight transitional phases in both 2018 and 2025, revealing significant shifts in market sentiment as Bitcoin exits the bearish zones. The stark red valleys that mark these periods of low prices are reminiscent of circumstances where Bitcoin experienced accumulation before entering a phase of notable appreciation. Investors are monitoring these shifts closely, anticipating a similar revival in price action that bolstered Bitcoin in 2018.

One of the most compelling changes since 2018 is the fundamental evolution of Bitcoin’s market structure. Today, Bitcoin operates within an enhanced regulatory environment post-ETF approvals, attracting institutional investors that did not play a significant role during the last cycle. This increased involvement suggests that Bitcoin may benefit from a more stable market infrastructure, even as retail interest remains comparatively low.

The on-chain metrics are telling a story that harks back to 2018; as Bitcoin’s fundamentals evolve, the potential for price surges comes from emerging bullish signals recognized by seasoned traders. The current market sentiment is still influenced heavily by fear and greed, but the underlying support from institutional participants adds a layer of durability that could buffer against traditional volatility.

Bitcoin’s recent price surge above $87,000, reflecting a 2.5% daily increase, suggests a shifting trend. The Relative Strength Index (RSI) positioned at 57.93 highlights burgeoning bullish activity without signaling an overbought condition, indicating potential for upward continuation. Moving Average Convergence Divergence (MACD) trends additionally reflect buy pressure, reinforcing the narrative of increasing confidence among market participants.

Price movements reveal a series of higher lows, suggesting that Bitcoin’s strength is building after a period of consolidation. A breakout above the critical resistance at $88,000 could pave the way for a swift advance toward $90,000, capturing trends seen in previous market cycles.

Bitcoin’s trajectory as we progress through 2025 appears poised for potentially significant gains, echoing the historic rebounds seen in 2018. As market dynamics evolve with institutional support and more refined infrastructures, the framework for Bitcoin’s bullish case strengthens. Investors should maintain a close watch on these indicators, as they could signal the commencement of a significant upward trend in the months to come.

Comments



Add a public comment...
No comments

No comments yet

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.