The Bitcoin price history appears to be repeating itself once again, with technical indicators aligning closely with previous market cycles. After several days of short-term cooling, Bitcoin has wiped out nearby liquidity zones, signaling that another major move could be forming. Traders are now watching the $117,000 to $127,000 range closely, as Bitcoin’s dominance and RSI trends resemble earlier breakout phases.
Bitcoin Price History on the Weekly Chart
On the weekly chart, Bitcoin continues to maintain a strong uptrend. The super trend indicator remains green, confirming the overall bullish market structure.
However, there’s a potential warning — the RSI is forming lower highs, even as Bitcoin makes higher highs. This pattern hints at a possible bearish divergence developing, a setup seen multiple times in Bitcoin price history before previous short-term corrections.
Even so, the larger trend remains intact. As long as Bitcoin stays above key support around $117,000, the bull market structure holds firm.
Three-Day Bitcoin Analysis and MACD Crossover
The three-day MACD remains bullish, showing momentum similar to the April and May breakout periods. Although the current wave is slightly weaker, the overall trend is still positive.
Momentum may be cooling slightly, but the absence of a bearish crossover means the broader uptrend is not yet threatened. Historically, when the MACD stays green after a minor loss of momentum, Bitcoin often resumes its rally after short-term consolidation.
Daily Bitcoin Chart and Key Levels
On the daily chart, Bitcoin recently hit the exact resistance target at $126,000–$127,000, the same level that acted as a ceiling during past all-time highs. This area remains the key resistance zone to watch.
Support sits between $117,000 and $118,000 — the same range that has repeatedly served as a strong base in past cycles. As long as Bitcoin remains above this level, it continues forming higher highs and higher lows, maintaining a clear bullish trajectory.
Breaking below $117,000 with a daily close, however, could mark the first structural shift toward bearish territory in the short term.
Four-Hour Bitcoin Analysis and RSI Divergence
On the four-hour chart, Bitcoin is displaying classic cooling-off behavior. A bearish divergence — where the price forms higher highs but RSI shows lower highs — has appeared. This usually precedes short-term weakness or sideways movement.
Such patterns are a normal part of bullish cycles, allowing the RSI to reset from overbought conditions. Once RSI dips toward oversold territory, it often sets the stage for another upward leg.
In short, the Bitcoin analysis suggests that a small pullback or consolidation is healthy before a possible continuation rally.
Bitcoin Liquidity and Market Setup
Recent liquidity analysis shows that Bitcoin has cleared out leveraged long positions around $120,000, resetting the market. Liquidity now builds again between $126,000 and $126,500 — right near the all-time high zone.
This indicates traders have stop orders clustered around this level, meaning any strong bullish move could trigger a cascade of buy orders, driving price higher in a short squeeze scenario.
Below the market, liquidity around $119,000 and $118,000 continues to act as short-term support.
Bitcoin Trading Strategy
Traders holding long positions since $110,000 remain in profit. The best approach now is to protect gains while staying flexible. Moving stop losses into profit zones helps safeguard capital while allowing room for upside.
Those waiting for new entries may find another buying opportunity near $117,000–$118,000 if support holds. However, if Bitcoin closes below this zone, short-term traders should wait for confirmation before re-entering.
This disciplined approach aligns with patterns seen throughout Bitcoin price history, where minor pullbacks after RSI resets have led to major rallies later on.
Ethereum and Altcoin Movements
Ethereum continues to mirror Bitcoin’s structure, bouncing off $4,100 support but facing resistance around $4,800–$4,900. Solana and XRP are showing similar behavior — brief corrections after failed resistance retests.
Altcoins generally perform slightly worse when Bitcoin dominance rises, which is currently happening again. This pattern often continues until Bitcoin consolidates or retraces slightly, after which altcoins tend to catch up.
Bitcoin Dominance and Market Rotation
Bitcoin dominance remains in a bullish relief phase, gaining ground over altcoins. Historically, when Bitcoin dominance rises, the market enters a “Bitcoin season,” where capital flows primarily into BTC.
This trend tends to reverse only after Bitcoin stabilizes, leading to the start of an altcoin season later in the cycle.
Final Thoughts on Bitcoin Price History and What Comes Next
The charts are clear — the Bitcoin price history is repeating familiar patterns. Short-term divergences and minor pullbacks are part of every bull market structure.
As long as Bitcoin holds above $117,000, the broader outlook stays bullish. The recent cool-off likely sets the stage for a stronger rally ahead, possibly breaking new all-time highs once liquidity above $126,000 is triggered.
Traders should remain patient, watch for RSI resets, and avoid reacting to short-term volatility. The market structure remains strong, and history suggests that every dip in this range has been an opportunity.
For verified charts and market data, visit CoinMarketCap’s Bitcoin page.