Rally

Bitcoin

Read

Gains

<p>The crypto analyst, known as Ash Crypto, recently noted a development in the Bitcoin market. He noted that the 1-week <a href="https://www.macroption.com/macd-crossover/" target="_blank" rel="nofollow">MACD crossover</a> for Bitcoin has formed a successful crossover above the zero line.</p> 
<p>This same pattern was observed in October of the previous year, which preceded a 140% increase in Bitcoin’s price.</p> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/solana-whales-begin-accumulating-sol-as-price-nears-breakout-to-all-time-high/" target="_blank">Solana Whales Begin Accumulating SOL as Price Nears Breakout to All-Time High</a></em></strong></p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="512" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-1024x512.png" alt="" class="wp-image-573449" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-1024x512.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-300x150.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-768x384.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-1536x768.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-2048x1024.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-700x350.png 700w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061-788x394.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1061.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><a href="https://x.com/Ashcryptoreal/status/1850499052581834753?t=5L4nAqbn7wcnthJgD7bIuA&amp;s=19" target="_blank" rel="nofollow">The analyst </a>poses a question: could we be witnessing similar growth once again?</p> 
<h2 class="wp-block-heading" id="btc-price-continuation-following-breakout">BTC Price Continuation Following Breakout&nbsp;</h2> 
<p>In addition to this technical indicator, Bitcoin’s price has shown positive momentum today after effectively retesting a breakout from <a href="https://howtotrade.com/chart-patterns/descending-channel-pattern/" target="_blank" rel="nofollow">a descending channel</a>. This breakout occurred eight days ago, and since then, Bitcoin has been consolidating around this level. </p> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/how-much-will-30000-cardano-ada-tokens-be-worth-in-2025-when-bitcoin-hits-100k/" target="_blank">How Much Will 30,000 Cardano (ADA) Tokens Be Worth in 2025 When Bitcoin Hits $100K?</a></em></strong></p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="480" src="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-1024x480.png" alt="" class="wp-image-573457" srcset="https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-1024x480.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-300x141.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-766x359.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-1536x720.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-2048x960.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-320x150.png 320w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-747x350.png 747w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062-788x369.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/10/image-1062.png 1803w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>With a weekly close above the channel confirming this breakout as a new support level, the price has begun to rise today. </p> 
<p>The upward movement could signal the start of a more extended rally for Bitcoin, echoing the patterns seen in the past.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://doge2014.io" target="_blank" rel="nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram group.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-nofollow-sponsored-span-we-recommend-etoro-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> <span>We recommend eToro</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     <strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank">Take 2 mins to learn more</a></strong>
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="nofollow sponsored"> Visit eToro Now </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. 
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/pattern-that-triggered-bitcoins-last-140-rally-reemerges-btc-price-spikes/">Pattern That Triggered Bitcoin’s Last 140% Rally Reemerges: BTC Price Spikes</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Pattern That Triggered Bitcoin’s Last 140% Rally Reemerges: BTC Price Spikes

Table of Contents

CaptainAltcoin

Other articles published on Oct 28, 2024

Political News Boosts Cryptocurrency Investment Interest

FTX Estate Reaches $228M Settlement with Bybit to Recoup Customer Funds

Is Tether Under US Investigation? CEO Ardoino Clears the Air with Bold Reserves

Seize the Future of Interoperability With Qubetics! Tezos Powers Long-Term Growth, and Arkenstone...

New Solana Memecoin Lord MAGA Trump (LORDMAGA) Will Skyrocket 16,000% Before Exchange Listing

GraFun Partners with Floki and DWF Labs to Support Emerging Memecoins

Join our free newsletter for daily crypto updates!