Bitcoin's Bollinger Bands Signal 46.7% Rally Potential

Bitcoin's price action has once again garnered significant attention within the broader crypto market, as it exhibits major bullish signals that have historically led to substantial rallies. These signals suggest that Bitcoin could potentially mirror past trends and surge to new all-time highs.

A closer examination of Bitcoin’s weekly chart reveals a critical pattern that has only appeared four times since 2022. This pattern, known as the Bollinger Bands, is used to identify potential reversal zones. The analysis indicates that Bitcoin has recently touched the lower Bollinger Band on the weekly chart and bounced upward, confirming a support level that has historically acted as a springboard for sustained bullish momentum. This marks the fifth time this specific signal has occurred during this cycle. Each of the past four signals was followed by strong price rallies.

In early 2023, Bitcoin rallied from below $2,000 to over $30,000 following the appearance of this Bollinger Band signal. A similar pattern played out in mid-2023 when this setup triggered a surge that pushed Bitcoin above $45,000. Later that year, the same signal preceded a breakout, with BTC soaring past $60,000. Most recently, in early 2024, the Bollinger Band signal sparked a parabolic run above $100,000.

Now, in Q2 of 2025, Bitcoin is once again flashing this historically reliable indicator. Its price found strong support near the $77,500 level, with resistance levels set above $106,000. As the Bollinger Bands align, Bitcoinsensus predicts a potential rally toward $130,000 – $160,000. This would mark a historical all-time high for Bitcoin, representing a maximum increase of over 46.7% from its current ATH above $109,000.

The Bitcoin price is once again approaching the $100,000 mark after its latest 4.75% surge this past week. Amidst its price recovery, crypto analyst Trader Tardigrade predicts that Bitcoin will soon break out of bearish resistance to reach new highs. The analyst shared a BTC chart analysis highlighting a recurring breakout pattern that has historically preceded large upward moves after a breakout from a descending resistance trendline. This pattern has emerged three times in the past: first from late 2022 to early 2023, then from mid-2023 to early 2024, and finally from late 2024 to early 2025.

In the current setup, Bitcoin is once again testing the descending trendline resistance and appears to be breaking out from it. If history is any indication, the analyst projects a potential target zone between $100,000 – $136,000, marking a new ATH.