The end of Bitcoin’s close-range fixed phase – the periodic peak in sight?
It’s been more than a year since the latest Bitcoin halving, and after reaching $112,000 earlier this week, the price is now hovering around all-time highs. BTC maintains strong stability at current levels, consolidating below peak resistance, momentum is quietly building. Many traders and analysts believe there may be a large breakthrough in the coming weeks.
According to Sentora (formerly Intotheblock), this cycle is unfolding with some familiar patterns and some significant differences. Historically, Bitcoin tends to spend its first year after its long merger phase halving, before entering the strongest rally. However, this time, BTC was earlier than expected, but was then suspended for several months as high interest rates and more severe macro conditions would bear the risk appetite.
Despite the delay, current price action suggests that Bitcoin may be ready to break that merger range and move into the next work of the cycle. This phase may be set as BTC steadily exceeds $100,000 and institutional demand rises. Although there are still macro risks, sentiment has changed. Not only can Bitcoin survive the year after backup, it may also be set for its most powerful breakthrough.
Despite uncertainty
Bitcoin remains stable near its all-time high and the market is starting to show signs of a new bullish momentum. As uncertainty grows in global markets, Bitcoin appears to be positioning to continue its upward trend. Reputable analysts are now calling for a major price surge, citing technical strength and improved chain signals.
According to Sentora’s insights, Bitcoin’s current behavior is closely aligned with the historical loop pattern. In the past cycle, BTC has typically spent the first year of merger before entering a decisive breakthrough phase. Although this cycle violated expectations by soaring early, momentum slowed down rapidly as high interest rates and stricter financial conditions suppressed investor sentiment.
Still, the broader model remains intact. Sentora notes that in most cycles, the Bitcoin peak tends to appear 1.5 to 2 years after halving, a timeline that shifts the spotlight to 2025. This suggests that the current merger is frustrated for some and may be part of a healthy and structured market setup before the next explosive move.
As price action stabilizes above $100,000, key chain indicators remain strong, and the long-term outlook remains bullish. If BTC can maintain current support and break through resistance in the next few weeks, the foundation for a larger rally will soon be in place. Currently, the market is paying close attention, but the beliefs of experienced analysts are being built. Bitcoin may be entering quiet before the storm.
BTC flirting has the highest weekly shutdown ever
Bitcoin will end at $108,000 after it reaches its new all-time high, marking the potentially strongest weekly end in its history. The weekly chart shows that the apparent breakout intensity above the front resistance area around $103,600 is now being turned to support. This level has limited price action for months, but the latest surge confirmed that the Bulls were firmly in control.
BTC has green weekly candles four times in a row, indicating a sustained trend as body size increases and powerfully closes. The 34-week EMA sells for $87,966, which is well below current levels, highlighting the intensity of the move and the way BTC extends on average from the medium distance. Importantly, during the breakout period, the volume remains relatively stable, indicating that the action is supported rather than exhausted.
As long as Bitcoin stays above the $103,600 to $105,000 region, the uptrend is intact. If the price is consolidated at the current level without huge selling pressure, it may form the basis for moving towards $120,000 and beyond. However, if you don’t hold $103K, you can invite a deeper backtrack.
Featured images from DALL-E, charts from TradingView
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