The Bitcoin price is gaining momentum again, and this time, it looks like bulls are firmly in control. The market is buzzing with fresh optimism as analysts on X have pointed to chart patterns showing strong breakout signals. BTC is now moving closer to its previous high of $109,000, with some even suggesting that a fresh all-time high above $114,000 could be next.
Let’s take a closer look at what two top analysts, WorldOfCharts and Captain Faibik, have shared and why they believe this could be the beginning of another major rally in the BTC price.
What you'll learn 👉
WorldOfCharts: Bitcoin Breaks Out of Consolidation
WorldOfCharts shared a 30-minute chart of the BTC/USDT pair on Binance that highlights a key breakout from a recent consolidation phase. The chart shows that Bitcoin had been trapped under a grey descending trendline for a few days. This line acted as resistance multiple times, rejecting price attempts to break higher.
But now that resistance is broken. The BTC price has moved above the trendline, which is a typical bullish signal in technical analysis. This kind of breakout often means the market is shifting from a neutral or bearish phase into a bullish one.
There’s also a triangle pattern visible on the chart, either symmetrical or descending, with a strong horizontal support base and lower highs. This kind of structure often builds pressure, and the breakout above the upper edge indicates the start of a new rally.
The chart includes a projection box pointing toward a potential BTC price move up to $109,380. That’s based on the “measured move” technique, where the height of the triangle is added to the breakout point to predict the next target. In this case, it suggests a gain of about 4.5 percent.
In their post, WorldOfCharts wrote:
“Breaks Another Consolidation Towards Upside, Expecting Another Rally Towards 109k”
That’s exactly what the chart suggests. This is not just guesswork, the technicals are showing a clean breakout, and while volume wasn’t shown directly in the image, a move like this is usually backed by strong buying pressure.
Of course, traders are watching closely for confirmation. A retest of the breakout zone, possibly near $104,000, followed by a bounce, would add strength to the signal. But overall, the structure is bullish and supports the idea that Bitcoin could be heading toward the $109K mark again
Captain Faibik: New Impulse Could Push BTC to $114K
Captain Faibik posted a more zoomed-out 4-hour chart showing an even bigger bullish structure. This view tracks multiple rallies, and each one has followed the same pattern: breakout, consolidation, and another leg higher. The BTC price is showing a clean structure of higher highs and higher lows, an uptrend.
Each rally started from a technical pattern. The first came after a bull flag, the second broke out from an ascending triangle, and now we are seeing another setup that looks like a consolidation rectangle or another flag. These are all bullish continuation patterns, and they often appear in strong trends.
This current consolidation zone is tight and orderly. According to the chart, a breakout from here could lead to another impulse move. Using the same measured move technique as earlier, the BTC price target is around $114,000. That’s about a 10.83 percent increase from the current breakout zone.
Captain Faibik also pointed out a diagonal trendline, labeled “Buyers’ Ascending Trendline,” that has held up perfectly. Each time Bitcoin dips to this line, it finds buyers and bounces higher. That consistent behavior is a big sign of strength and shows that buyers are still confident.
He summarized his view with this message:
“$BTC Bulls are in Complete Control..!! Another Bullish Impulse is loading..📈 New All time High (114k)”
Based on the price structure, it’s not just optimism, it’s technical alignment. BTC is forming bullish setups again and again, and each time the buyers step in, the price moves higher. If this third wave completes as projected, we could be looking at a fresh all-time high for Bitcoin.
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Where BTC Stands Now
With the Bitcoin price showing signs of breaking out of consolidation, and both short-term and medium-term charts confirming bullish patterns, there’s growing belief in the market that BTC could reclaim its $109,000 high or even push toward $114,000.
The bulls are stepping up, and as long as support levels hold and volume backs the breakout, the momentum looks likely to continue. While no chart can guarantee the future, both WorldOfCharts and Captain Faibik have made a strong technical case for another leg higher in BTC.
As always, it’s worth watching the price closely in the coming hours and days. If the patterns play out as expected, the next all-time high for Bitcoin may be just around the corner.
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