Bitcoin's 2025 Bullish Trend Mimics 2024 Breakout With 6.02% Gain

Generated by AI AgentCoin World
Saturday, Jul 12, 2025 2:18 am ET1min read

Bitcoin's price action in 2025 is closely mirroring its 2024 breakout cycle, indicating a potential for a similar bullish trend. The cryptocurrency has shown a pattern of higher highs and higher lows, supported by increasing volume and robust market participation. This technical structure suggests that

is poised for another significant upward move, much like what was observed in 2024.

According to Mister Crypto, Bitcoin's 2025 chart exhibits nearly identical structural phases to those seen in 2024. Both years began with a bullish flag breakout, followed by a sharp rally and a temporary peak. After reaching this peak, prices tested a horizontal support zone and held above it. The subsequent movement involved consolidation within an ascending triangle, a pattern that typically indicates accumulation before the next upward move. The final stage in both years featured a breakout above triangle resistance, leading to a sustained price increase. These patterns have repeated consistently across both market cycles, reinforcing the bullish outlook.

The 2025 chart shows higher price levels compared to 2024, but the technical structure remains the same. Price behavior and volume patterns are uniform in both periods, supporting the historical trend of bullish continuation. Bitcoin is currently trading at $117,681.21, reflecting a 6.02% gain in the last 24 hours. The 24-hour trading volume has surged by 114.24% to approximately $126 billion, indicating strong investor interest and participation across global exchanges.

Bitcoin's market capitalization stands at 2.34 trillion, with a fully diluted value of 2.47 trillion. The circulating supply is 19.89 million BTC, nearing the maximum supply of 21 million. The price has formed higher lows and higher highs, confirming strong demand-side interest. According to Mister Crypto, the volume and structure remain consistent with 2024, suggesting another breakout is imminent. This could result in a new upward thrust, with market participants closely monitoring support and resistance areas to anticipate the next move.