A chart shared on May 7, 2026, by analyst @CryptoTice highlights a technical 
formation that mirrors the setup seen ahead of Bitcoin’s surge from roughly 
$17,000 to $69,000. According to the analysis, the same structural signals 
have appeared again on the long-term chart, raising expectations that the 
market could be preparing for another major rally. Bitcoin Rally Structure: 
ATH Break Then Retest The 2020 market cycle began when Bitcoin finally moved 
above its previous ATH after spending a long period trading sideways in an 
accumulation phase. However, the move did not immediately turn into a 
sustained rally. Instead, Bitcoin paused and began trading within a horizontal 
range close to the breakout level, forming a consolidation zone where 
significant trading activity took place. Related Reading: Pundit Predicts When 
The XRP Price Will Rally To $12 The chart shared by analyst CryptoTice shows 
that Bitcoin is forming a very similar structure in the current cycle. Just as 
in the earlier period, Bitcoin has already pushed beyond a previous ATH before 
settling into a comparable horizontal range. In both cycles, the breakout was 
followed by a period when the price slowed, and Bitcoin traded around the 
former resistance area. Instead of breaking down further, Bitcoin found 
support there and began stabilizing. This movement confirmed that the level 
that once acted as resistance had now turned into support, resulting in a 
retest of the former all-time high zone. The current chart indicates that the 
same retest pattern may be developing again. After reaching a new peak, 
Bitcoin has started moving back toward the breakout area once more. According 
to the analyst, this pullback represents the current retest phase of the 
cycle, closely matching the stage that appeared just before Bitcoin’s previous 
400% rally. Bitcoin Rally Comparison: From Retest To Expansion After the 
retest held during the previous cycle, Bitcoin began moving upward again. 
Momentum gradually built until the market entered a strong expansion phase, 
eventually pushing Bitcoin from about $17,000 to $69,000. The chart indicates 
the current market may be approaching the same stage. In the earlier cycle, 
the rally began after Bitcoin successfully held the retest level. The present 
structure appears similar, with the green band on the chart marking the key 
support area analysts are monitoring to see if the pattern remains intact. 
Related Reading: Analyst Predicts Bitcoin Price Will Top $320,000 After 
‘Cleanest Signal’ Emerged Current market data provides additional context. 
Bitcoin is trading near $80,667, with a market capitalization of about $1.61 
trillion and a circulating supply close to 20 million BTC. Although the market 
is significantly larger than it was during the previous cycle, the long-term 
price structure still resembles the earlier formation. The analyst’s chart 
also includes a projected path reflecting the same sequence seen before: a 
breakout above the previous high, a retest of that level, and then a sustained 
rally. Overall, the chart suggests Bitcoin may be repeating the structure that 
previously led to a 400% rally, with the ongoing retest potentially serving as 
the launch point for the next major leg up. Featured image created with 
Dall.E, chart from Tradingview.com

Bitcoin Forms The Same Pattern That Previously Led To A 400% Rally

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Bitcoin Forms The Same Pattern That Previously Led To A 400% Rally

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