#Bitcoin is currently showing price action that closely resembles its 2020 pre-parabolic run — and all eyes are on a potential breakout.
What’s Happening?
In both 2020 and 2025, BTC made a strong upward move, then entered a sideways phase forming a diamond-shaped consolidation (points A, B, C, D).
Why It Matters:
Back in 2020, this diamond pattern led to a powerful breakout and a surge to new all-time highs. Now, Bitcoin appears to be forming the same setup once again.
What This Could Mean:
If history repeats, we may soon see a breakout from the diamond range, potentially triggering another major rally and a shot at a new all-time high.
Bottom Line:
This is a bullish formation. Keep an eye on the breakout zone near point D — a major move could be just around the corner.
Trade $BTC here.
