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<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> 
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 <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">
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<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> 
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 <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">
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<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>  
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<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

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