⬤ Bitcoin is showing a long-term pattern on the monthly chart that looks strikingly similar to what happened before the last major bull run. The current cycle has now spent about 12 months building a bottom, which matches the timeline from the previous cycle almost perfectly.
⬤ The Relative Strength Index tells an interesting story here. Looking at two separate breakdown phases, the RSI stayed compressed for roughly 12 monthly candles during the last cycle before finally reversing upward. Right now, we’re seeing that same consolidation length play out again. It’s looking less like continued weakness and more like the market is just resetting its momentum.
⬤ What makes this pattern worth paying attention to is how the RSI reversal lined up with Bitcoin’s shift from correction mode into real upward movement last time around. The chart marks these moments as the “Start of Bull Run,” showing that connection between RSI recovery and the actual trend taking off.
⬤ This analysis matters because it puts where we are right now into context with Bitcoin’s history. When monthly RSI patterns unfold over similar timeframes like this, it can tell us something about where the trend might be headed. If things keep developing the way they did last cycle, the next few months could be pretty important for figuring out whether Bitcoin is gearing up for another sustained run higher—which would obviously have ripple effects across the whole crypto market.
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BTC Price Analysis: Bitcoin's 12-Month RSI Pattern Signals Potential Bull Run Start
⬤ Bitcoin is showing a long-term pattern on the monthly chart that looks strikingly similar to what happened before the last major bull run. The current cycle has now spent about 12 months building a bottom, which matches the timeline from the previous cycle almost perfectly.
⬤ The Relative Strength Index tells an interesting story here. Looking at two separate breakdown phases, the RSI stayed compressed for roughly 12 monthly candles during the last cycle before finally reversing upward. Right now, we’re seeing that same consolidation length play out again. It’s looking less like continued weakness and more like the market is just resetting its momentum.
⬤ What makes this pattern worth paying attention to is how the RSI reversal lined up with Bitcoin’s shift from correction mode into real upward movement last time around. The chart marks these moments as the “Start of Bull Run,” showing that connection between RSI recovery and the actual trend taking off.
⬤ This analysis matters because it puts where we are right now into context with Bitcoin’s history. When monthly RSI patterns unfold over similar timeframes like this, it can tell us something about where the trend might be headed. If things keep developing the way they did last cycle, the next few months could be pretty important for figuring out whether Bitcoin is gearing up for another sustained run higher—which would obviously have ripple effects across the whole crypto market.