- Analyst Rekt Capital has identified a single, repeating pattern that is driving Bitcoin’s entire bull run
- The powerful pattern consists of a breakout, a consolidation phase, and a successful retest of old resistance
- The current consolidation above $116k perfectly fits this historical pattern, signaling more upside
According to a new analysis from the respected market analyst Rekt Capital, Bitcoin’s entire bull run is following a simple, repeating historical pattern. His chart data shows a clear “breakout-retest” cycle that has consistently driven the price to new highs and suggests the current rally is far from over.
The analysis comes as Bitcoin trades near $118,000, holding strong above a previous consolidation zone.
Bitcoin’s “Breakout-Retest” Cycle
The chart, which spans weekly BTC price data from early 2022 to July 2025, documents a recurring pattern. First, Bitcoin breaks through a major resistance level. Then, it consolidates and revisits that same level, successfully testing it as a new area of support. Once support is confirmed, it continues its trend upward to the next major level.
This pattern is visually marked with circles across the timeline on Rekt Capital’s chart, showing a clear consistency in Bitcoin’s price behavior after each major breakout. The pattern has been particularly evident following the Bitcoin halving event in April 2024, which has historically kicked off a bullish shift in market momentum.
Related: Polymarket Prices in 80% Chance of a $120K Bitcoin in July
How the pattern applies to Bitcoin now
The current price action fits this historical blueprint perfectly. As of early July 2025, Bitcoin has broken past the $116,000 mark and is now holding steady around $118,023. This move places BTC firmly above what the chart identifies as a previous consolidation range between $90,000 and $118,000.
An earlier structure from July 5 shows Bitcoin consolidating around $108,017 after breaking out from the range between $85,000 and $108,000. The current price stability above these former resistance levels suggests the asset is simply undergoing another post-breakout consolidation phase, just as it has in past cycles.
Related: Bitcoin Sets New All-Time High Above $116.5K, Fueled by Institutional Demand
As long as this historical “breakout-retest” pattern remains intact, the analysis points to a continuation of the price discovery phase, with technical chart formations like the “golden cross” suggesting a possible next target beyond $120,000.
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