Bitcoin's $60,000-$70,000 Range May Trigger 145% Rally

Bitcoin has formed three distinct price accumulation zones since 2020, with each zone leading to a significant breakout. The current price range, between $60,000 and $70,000, is poised to trigger a rally that could push Bitcoin towards $145,000 if the current market structure holds. This pattern mirrors previous cycles, where accumulation phases were followed by rapid surges in price.

Market analyst CryptoAmsterdam has shared a long-term outlook indicating that Bitcoin is still in an accumulation phase, with no structural weakness observed. The two-week candlestick chart shows that Bitcoin is currently in a consolidation zone, suggesting that the next major upward move is approaching. This move could be pivotal for altcoins, as historical data shows that altcoins tend to rally after Bitcoin confirms its move.

The chart illustrates multiple cycles of consolidation followed by sharp upward moves. Three blue rectangles highlight recent sideways trading ranges, each followed by a green box indicating a strong upward breakout in price. CryptoAmsterdam confirmed that Bitcoin’s market structure remains intact, with no real pullbacks observed in this cycle. The analyst attributes the price behavior to consolidation rather than reversal, noting that every breakout followed a clear sideways phase.

Previous breakouts occurred after long-range consolidations near $10,000, $30,000, and $60,000. The latest phase shows similar behavior, as Bitcoin remains tightly coiled just under its all-time high. If the pattern holds, Bitcoin could exceed $130,000 in its next move. The timing appears consistent with earlier bullish cycles, with the chart marking out phases that suggest a rhythm between accumulation and breakout. The green projections on the far right of the chart show Bitcoin potentially breaking past $145,000.

CryptoAmsterdam’s analysis suggests that the next leg of the rally could be significant for altcoins. Historically, altcoins tend to rally after Bitcoin confirms its move. The chart suggests a repeat of this sequence could soon begin, with Bitcoin taking the lead while altcoins remain relatively quiet. If Bitcoin completes the projected breakout, funds may rotate into high-cap altcoins, mirroring the behavior seen in 2021 when Ethereum and other tokens surged post-Bitcoin breakout.

The chart raises a crucial question: is this the last accumulation range before Bitcoin’s final surge of the cycle? Each previous box, when completed, triggered a sharp rise in price. Bitcoin rallied from $10,000 to $30,000 in 2020, and a second move took it to $65,000. The third leg could target $145,000. Currently, price candles remain within the last blue box, with the projection suggesting a breakout zone aligning with Q3 or Q4 2025. If confirmed, it would match the structure of earlier cycles exactly. CryptoAmsterdam says there are “no signs this time is different,” reinforcing the belief that a typical cycle is unfolding. Investors and traders are watching closely for any signs of a breakout.