Bitcoin Repeats 2024 Breakout Structure as Price Pushes Above $117K, Here’s Why That Matters

Bitcoin’s 2025 chart mirrors its 2024 breakout cycle, suggesting a similar bullish setup.

Price holds higher highs and lows, supported by rising volume and strong market participation.

A breakout above triangle resistance could trigger the next major upward move, as seen in 2024.

Bitcoin is showing chart behavior nearly identical to its 2024 breakout cycle, with similar phases and structural patterns now forming. Price action, volume trends, and support zones are aligning with last year’s setup, suggesting the potential for another strong rally ahead.

Chart Structures Mirror 2024 Breakout Cycle

According to analysis prepared by Mister Crypto, Bitcoin’s current 2025 chart mirrors the structural phases seen in 2024. Both years began with a bullish flag breakout, followed by a sharp rally and a short-term local peak. After the peak, prices tested a horizontal support zone and held above it.

The next movement showed consolidation within an ascending triangle. This pattern suggested accumulation before the next upward move. The final stage in both years included a breakout above triangle resistance, triggering a sustained price increase. Chart data shows these patterns repeated with consistency across both market cycles.

The 2025 chart reflects higher price levels, but it maintains the same technical structure seen during the previous rally. Price behavior and volume patterns show uniformity in both periods, which supports the historical trend of bullish continuation.

Market Metrics Support Bullish Outlook

Bitcoin is currently trading at $117,681.21 after gaining 6.02% in the last 24 hours. The 24-hour trading volume rose by 114.24% to approximately $126 billion. This increase in volume reflects strong investor interest and participation across global exchanges.

Source: CoinMarketCap

Bitcoin has a market cap of 2.34 trillion and a fully diluted value of 2.47 trillion according to CoinMarketCap. The supply that circulates is 19.89 million BTC that is close to the maximum supply of 21 million. The price formed higher lows and higher highs, confirming strong demand-side interest.

According to Mister Crypto, volume and structure remain consistent with 2024. Another breakout is already noticed in the chart and it may result in a new upward thrust. Support and resistance areas are being observed by market participants keenly with a view of establishing the next move.

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