A chart shared on May 7, 2026 by analyst @CryptoTice highlights a Artistic composition that reflects the setting It was seen before the price of Bitcoin rose from around $17,000 to $69,000. According to the analysis, the same structural signals appeared again on the long-term chart, raising expectations that the market may be preparing for another major rally.
Bitcoin Rally Structure: Breaking ATH and then retesting
The 2020 market cycle began when Bitcoin finally appeared Move above previous ATH After spending a long period of time trading sideways in the accumulation phase. However, the move did not immediately turn into a sustained rally. Instead, Bitcoin paused and began trading within a horizontal range close to the breakout level, forming a consolidation area where significant trading activity occurred.
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Chart subscriber CryptoTice analyst shows that Bitcoin is forming a very similar structure in the current cycle. Just like in the previous period, Bitcoin has already surpassed the previous ATH level before Stability in a similar horizontal range.
In both sessions, the breakout was followed by a The period in which the price slowed downBitcoin traded around the previous resistance area. Instead of collapsing further, Bitcoin found support there and began to stabilize. This move confirmed that the level that served as resistance has now turned into support, triggering a retest of the previous all-time high area.
The current chart indicates that the same retest pattern may develop again. After reaching a new peak, Bitcoin started moving towards the breakout zone again. According to the analyst, this decline represents Current retest phase of the cycle, which closely corresponds to the phase that appeared before Bitcoin’s previous 400% rally.
Bitcoin Rally Comparison: From Retest to Expansion
After repeating the test taken during the previous session, Bitcoin is starting to move higher once again. Momentum gradually built until the market entered a strong expansion phase, eventually pushing Bitcoin from around $17,000 to $69,000.
The chart indicates that the current market may be approaching the same stage. In the previous session, The rise began after Bitcoin Successfully maintained the retest level. The current structure looks similar, with the green bar on the chart marking the key support area that analysts are monitoring to see if the pattern remains intact.
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Current market data provides additional context. Bitcoin is trading near $80,667, with a market cap of about $1.61 trillion and a circulating supply of close to 20 million BTC. Although the market is much larger than it was during the previous cycle, the long-term price structure still resembles the previous configuration.
The analyzer chart also includes a predicted path It mirrors the same sequence we saw before: Break above the previous high, retest this level, and then continue rising. Overall, the chart suggests that Bitcoin has replicated the structure that previously led to a 400% rally, with the continued retest likely to be a… Starting point for the next main leg.
Featured image created with Dall.E, chart from Tradingview.com
