Bitcoin Retests Breakout Level, Eyes 50% Gain by Q3 2025

Bitcoin has successfully retested its breakout level, mirroring a similar structure observed in the fourth quarter of 2024 before a significant upward move. This retest has reinforced the cryptocurrency's bullish structure, despite recent market indecisiveness. Analysts are closely monitoring historical patterns and macroeconomic conditions to gauge the potential for a bullish surge in the third quarter of 2025.

Market observer Cas Abbé noted that Bitcoin's current price structure closely resembles its breakout in the fourth quarter of 2024, during which BTC rallied nearly 50%. While the current market capitalization is larger, Abbé believes that a rise to $130K–$135K by the third quarter of 2025 remains highly likely. The breakout and retest are typical market behaviors, especially during strong trending periods, and historical references to similar setups add validity to the ongoing bullish outlook. Although there may be some short-term pullback, the overall trend appears positive.

Crypto Titans has identified a bullish flag pattern forming on the daily chart. This classic continuation setup typically follows a sharp upward move, where the price consolidates before resuming the trend. The exponential moving average (EMA) is currently providing strong support, and the price action within this flag suggests that buyers are defending key levels. As long as the structure holds, a breakout could develop in the near term. The pattern remains valid while the trend stays intact and EMA support is not breached.

BitBull, another market analyst, points out that Bitcoin's price often correlates with global M2 money supply trends. As M2 liquidity rises, BTC tends to follow with upward price movement. Currently, M2 is increasing rapidly, suggesting that a rise in Bitcoin could follow soon. With a macroeconomic view also reinforcing the technical picture shown in the charts, rising liquidity historically precedes Bitcoin price increases, offering additional confirmation to the current picture identified by market participants. Both technical signals and macro signals are being observed and weighed to confirm if the next leg higher has indeed occurred.