Bitcoin Just Triggered This Rare Signal Again – Last Time It Skyrocketed From $60K to $100K
History doesn't repeat, but it sure loves rhyming—especially in crypto markets.
The Setup: Bitcoin's on-chain metrics are flashing a pattern not seen since its last parabolic rally. The same confluence of network activity, whale accumulation, and futures market positioning that preceded its 2024 surge just reappeared.
Why Traders Are Salivating: When these technical stars aligned previously, BTC ripped through resistance like tissue paper—transforming $60K into six figures in weeks. Now? The charts suggest we're either witnessing the prelude to another moonshot... or the mother of all bull traps (Wall Street analysts remain divided, naturally).
The Cynic's Corner: Of course, if this fails, the usual suspects will blame 'macro conditions' rather than admitting their TA models can't predict a market where Elon Musk tweets move needles more than PE ratios.
The Accumulation Blueprint
In his latest analysis, market watcher Axel Adler Jr. pointed out that Bitcoin’s Long-Term Holder (LTH) to Short-Term Holder (STH) ratio shows a very familiar accumulation pattern.
According to him, some of BTC’s most explosive rallies between 2023 and 2025 were preceded by sustained LTH/STH growth. One of the runs, which started when Bitcoin was trading around the $28,000 level, saw the king cryptocurrency go all the way to $60,000. Another LTH/STH ratio uptick provided enough momentum to push BTC from $60,000 to $100,000.
Adler has noted the same signal flashing at the $100,000 level:
“Today, at the $100K mark, we again see sustained growth in the LTH/STH ratio,” noted the expert. “This accumulation phase could last 4-8 weeks, after which, by analogy with previous cycles, a powerful upward reversal is likely.”
Applying a conservative 1.6x multiplier to Bitcoin’s current price, he projects a $160,000 target by the end of August.
Giving more credence to the outlook, prominent trader Titan of crypto identified a bull flag formation on BTC’s daily charts, suggesting a potential breakout to $137,000. He added that the MACD indicator was also on the verge of a bullish crossover, a move often viewed as a trigger for price momentum shifts.
Technical and historical indicators also bolster Adler’s thesis. For instance, the Bitcoin Rainbow Chart places the crypto asset firmly in the “BUY” zone, a scenario comparable to November 2020, just prior to it setting off on a 450% ROI surge, and May 2017, before the same metric boomed 1,400%.
Market Outlook
This activity coincides with broader geopolitical and market forces. On June 25, bitcoin briefly touched $108,000 following remarks by U.S. President Donald Trump on easing tensions in the Middle East.
Prices have since cooled slightly, with BTC changing hands at around $107,653 at the time of this writing. While a modest 0.7% gain in the last 24 hours, the price reflects a 1.8% monthly dip.
Still, the asset’s nearly 3% uptick in the last seven days puts its performance slightly ahead of the rest of the crypto market, which only managed to go up 1.6% in that period. However, the sideways movement saw BTC underperform versus tech stocks like Nvidia (+9.15%) and Oracle (+32.5%), raising questions about capital rotation.
