Bitcoin has now completed the same technical pattern seen 2.5 times and is climbing above $111,000.
The RSI value reached 74.76 and shows momentum that matches earlier breakouts before major rallies.
Buyers are holding above the green trendline, while resistance at $114,000 is now the key level to watch.
Bitcoin (BTC) has soared to $111,647.27, echoing a familiar pattern that previously led to significant price surges. According to a chart shared on May 22, 2025, by Twitter analyst TommyJR (@tempo.cap), BTC has repeated a key bullish formation seen 2.5 times before. The pattern, which historically preceded major rallies, has ignited investor interest and speculation about an imminent breakout.
Source: X
The visual data, drawn from Coinbase’s BTC/USD 30-minute chart, shows Bitcoin rising from April lows to breach the $111K mark. A green ascending trendline has supported BTC's price throughout the rally, with resistance near $114,000 now in sharp focus. Market participants have taken notice, with the tweet receiving over 3,271 views, 3.2K likes, and 14 retweets within hours.
Notably, the RSI (Relative Strength Index) is at 74.76, signaling strong momentum. The breakout is backed by repeated historical behavior — a formation from late 2020 to early 2021, followed by a pre-pump correction. A tweet from May 20 already hinted at this possibility, suggesting that Bitcoin may be gearing up for a third similar move.
Familiar Patterns Drive Market Confidence
The chart indicates Bitcoin is tracing a yellow pattern observed in past cycles, particularly during its late 2020 to early 2021 rally. This cyclical behavior, noted by the analyst, has occurred 2.5 times before — now aiming for the third full execution. The repeated success of this setup has boosted trader sentiment and fueled buying activity.
A historical overlay (white line) shows the resemblance between the current movement and the prior bullish cycle. The green trendline marks consistent support levels, keeping the price within an upward channel. Meanwhile, BTC’s current move mirrors its historical path almost identically, lending weight to the pattern's validity.
Volume levels have also shown consistency with previous surges. The RSI nearing the 80 threshold could indicate overbought conditions, but historically, this level has preceded further price action. The confluence of technical indicators may attract additional institutional and retail interest.
Resistance Zones Tested, Breakout in Sight?
Bitcoin is approaching a crucial resistance zone marked between $110,000 and $114,000. The chart highlights this red-shaded area as the final hurdle before a potential breakout. A strong candle recently pierced above $111,000, aligning with historical breakout points that previously launched BTC to new highs.
The upper orange line signals the resistance top around $114,000. If Bitcoin breaches this zone, technical projections suggest the possibility of a continuation move. Whether it sustains above the key level will likely influence the next phase of market behavior.
The breakout attempt coincides with positive social sentiment and heightened volume, aligning with classic technical breakout setups. RSI levels remain elevated, but without divergence, supporting the rally's legitimacy. Traders are closely monitoring for a clean break or potential rejection.
Could History Repeat and Trigger Another Major Bull Run?
As Bitcoin tests historical resistance with a familiar pattern in play, one question remains — can the third iteration deliver another bull run?
The macro support trend, defined by the green ascending line, has remained unbroken for over 45 days. The structure aligns with macro bullish setups seen in past rallies. A continued hold above $109,157 could serve as the baseline for further gains.
Social reactions on the tweet include bullish affirmations such as “Incredible,” “Looking good,” and “reinforcing crowd conviction. With the $BTC tag trending, market focus has intensified. Investors are now eyeing macro confirmation and possible continuation if $114,000 falls.
Whether this marks the beginning of Bitcoin’s next leg up will depend on buyer strength and macroeconomic cues. For now, the technical structure remains intact — and history appears to be repeating.
