Bitcoin Breaks Out of Post-Halving Slumber – Is the Bull Run Back On?
After months of sideways action, Bitcoin finally shows signs of shaking off its post-halving lethargy. Traders are buzzing—could this be the start of the next leg up?
The halving’s supply squeeze is kicking in, and Wall Street’s latecomers are scrambling for exposure (as usual). Meanwhile, crypto OGs just smirk and stack sats.
Will this cycle peak blow past expectations? Or is the market just getting warmed up for institutional FOMO? One thing’s certain—the suits will take credit either way.
Bitcoin Sets The Stage For Uptrend Continuation Despite Uncertainty
Bitcoin is holding steady NEAR its all-time highs, and the market is beginning to show signs of renewed bullish momentum. As uncertainty grows in global markets, Bitcoin appears to be positioning itself for a continuation of its uptrend. Analysts with high conviction are now calling for major price surges, citing both technical strength and improving on-chain signals.
According to insights from Sentora, Bitcoin’s current behavior aligns closely with historic cycle patterns. In past cycles, BTC typically spends the first post-halving year consolidating before entering a decisive breakout phase. While this cycle defied expectations by spiking early, momentum quickly slowed as high interest rates and tighter financial conditions weighed on investor sentiment.
Still, the broader pattern remains intact. Sentora notes that in most cycles, Bitcoin peaks tend to emerge 1.5 to 2 years after the halving—a timeline that shifts the spotlight to 2025. This suggests that current consolidation, while frustrating to some, could be part of a healthy and structured market setup before the next explosive move.
With price action stabilizing above $100K and key on-chain metrics remaining strong, the long-term outlook remains bullish. If BTC can maintain current support and break through resistance in the coming weeks, the groundwork for a much larger rally could soon be in place. For now, the market is watching closely—but conviction among seasoned analysts is building. Bitcoin may be entering the quiet before the storm.
BTC Flirts With Highest Weekly Close Ever
Bitcoin is closing the week near $108,000 after reaching a new all-time high, marking what could become the strongest weekly close in its history. The weekly chart shows clear breakout strength above the previous resistance zone around $103,600, now flipped into support. This level had capped price action for months, but the latest surge confirms bulls are firmly in control.
BTC has posted four consecutive green weekly candles, with increasing body size and strong closes, indicative of a sustained trend. The 34-week EMA sits at $87,966, far below current levels, underscoring the strength of this MOVE and how extended BTC is from mid-range averages. Importantly, volume has remained relatively stable during the breakout, showing that the move is being supported, not exhausted.
As long as Bitcoin remains above the $103,600–$105,000 zone, the uptrend is intact. If the price consolidates around current levels without significant sell pressure, it could FORM the base for a push toward $120,000 and beyond. However, failure to hold $103K could invite deeper retracements.
Featured image from Dall-E, chart from TradingView
