Bitcoin price has just posted a major bullish signal, officially confirming a strong bottom locally and reigniting excitement among analysts. The bullish shift comes after April closed in the green, which restored technical levels and signaled the possibility of a significant move towards six-figure price territory.
Market analyst Titan of Crypto X (formerly Twitter) announced on Twitter that Bitcoin has officially reached a local bottom. The analyst shared a chart that shows Bitcoin flashing one of the strongest bullish signals yet.
Bitcoin price closed firmly above the Tenkan (red line), Kijun (blue line), and Kimo Cloud. All of these Ichimoku lines are sloping upwards, which aligns with Bitcoin’s momentum and trend structure.
A close above the Tenkan indicates short-term bullish momentum, while the Kijun confirms strength in a medium-term trend. The thick Kimo cloud represents the most bullish configuration, indicating clear trend dominance. Furthermore, when Bitcoin closes above all Ichimoku lines, it establishes a dynamic support or resistance zone, validating the overall bullish structure.
Adding further weight to this bullish signal, the crypto titan revealed that Bitcoin has reclaimed a key resistance level from its April high, around $95,173, which is now acting as a support zone. The rectangular area highlighted as a “local bottom” on the chart reflects price action between February and April 2025, where BTC made a higher low above the Kijun. The bullish April monthly candle close above this area officially establishes this area as a strong fundamental support, validating the possibility of a local bottom from a technical perspective.
With the local bottom confirmed and momentum building alongside it, Bitcoin could move to the next potential resistance area, marked as the “next point of interest” on the chart. This area is located above the $110,000 region, near $115,000.
For this bullish scenario to be valid, BTC needs to maintain its position above the April highs and the Kijun as dynamic support. Bulls must resist to protect any retracement towards these areas. Failure to do so could lead to a deeper correction, effectively invalidating the bullish outlook.
BTC Price Action Looks Strong
In a recent X post, the crypto titan announced that Bitcoin is breaking out of a narrowing range and its price action is looking strong. He shared an Ichimoku Cloud analysis of the cryptocurrency, which shows a potential bullish breakout setup on the 1-day timeframe.
Looking at the price chart, Bitcoin has been consolidating between $92,880 and $95,800 for the past several days, but momentum seems to be building for a potential breakout. A sure close above $95,800 would validate the breakout and open the door for a bullish continuation, with a price target set near $99,000.