According to analyst Ali’s CVDD channel chart, Bitcoin is currently trading around $69,980, positioned above the CVDD lower band at $49,330.
The chart illustrates a pattern where BTC typically fluctuates within the CVDD bands before entering a significant bull run.
Historically, similar patterns preceded sharp upward movements, suggesting Bitcoin could rise toward the mid-channel target of $178,478.
Market behavior aligns with previous cycles where Bitcoin first stabilizes near the lower band before gaining momentum toward the yellow CVDD × 3.618 line.
If bullish conditions persist, Bitcoin may test the upper Alpha CVDD band at $273,158, marking a potential all-time high.
The channel indicates that BTC’s growth could continue steadily, respecting the support and resistance levels defined by the CVDD structure.
Investors may consider the $178,000–$273,000 range as the next target during the upcoming bull run, following historical CVDD channel trends.
Overall, the chart suggests a strong probability of significant price expansion if market dynamics mirror previous cycles.
Bitcoin bottom structure could trigger the next multi-year bull run
Meanwhile, according to analyst TedPillows, Bitcoin is forming a long-term bottom structure. Price previously declined after the 2021 peak and spent years consolidating.
The structure shows higher lows forming gradually. Moving averages around $52,700 and $57,100 act as dynamic support zones.
This phase represents market stabilization after prolonged bearish pressure.
After the bottom structure completes, the chart projects a strong multi-year bullish expansion.
Price could climb steadily as momentum returns to the market. The projection shows BTC pushing above $100,000 and continuing higher over time.
Eventually, the trend could extend toward the $300,000–$400,000 region. This move would mark the beginning of the next major bull cycle.
Bitcoin holds near $71.9K as momentum builds
The 1-day chart for Bitcoin shows price moving in a mild recovery phase after a strong decline.
Candles are forming higher lows while the price consolidates within a narrow range.
Bitcoin currently trades around $71,924, reflecting a 1.97% daily gain. The structure suggests buyers are gradually strengthening, though resistance near the mid-$70,000 area may still limit momentum.
The MACD histogram has flipped positive, and the MACD line is rising above the signal line. This crossover indicates increasing upward momentum.
Meanwhile, the RSI is near 55, which suggests moderate buying pressure while still leaving room for further upside movement.