According to Cas Abbé, Bitcoin (BTC) has recently experienced a breakout followed by a retest of its breakout level, a pattern similar to what occurred in Q4 2024. At that time, BTC rallied by 50% post-retest. While the current market capitalization is higher, which may limit the scale of upside in the upcoming months, the historical setup suggests that the recent retest could act as a strong support for further bullish moves. Traders monitoring BTC should consider this pattern as a potential indicator for a renewed upward trend, especially as technical analysis points to similar momentum as the previous cycle (source: Cas Abbé on Twitter, June 15, 2025).

According to @CoinDesk, Bitcoin (BTC) reached a record high following a textbook breakout and retest pattern, with the bottom precisely called in late February. The analyst noted that prices pulled back to $75,000 before a significant rally higher, as detailed in the CoinDesk markets report published in late February 2025 (source: CoinDesk, 2025-02). This classic technical setup provides traders with actionable confirmation for bullish momentum, signaling potential for further upside and attracting increased trading volume and institutional interest. Crypto market participants are closely monitoring these breakout levels for strategic entry points.