Bitcoin Flashes Historic Signal: Will a New All-Time High Arrive Within 24 Hours?

Bitcoin is showing a bullish breakout after retesting its 1-week 50 EMA, a pattern that has preceded every past ATH. Analysts say a new record may be just hours away.

Bitcoin (BTC) may be on the verge of setting a new all-time high, as bullish technical signals align with surging price momentum. According to widely followed analyst CrypNuevo, BTC is showing the same 1-week 50 EMA retest pattern that preceded each of its historical bull runs.

This recent bounce off the 1-week 50 EMA is viewed as a significant development. Technical traders often consider this signal to be a launchpad for major rallies, and Bitcoin’s current chart structure mirrors the run-ups to past all-time highs.

Over the last 30 days, Bitcoin has rallied 24.9%, with 10.3% gains just in the past week, underscoring the rapid acceleration of market sentiment. This momentum has led many to question whether BTC could break its previous ATH within the next 24 hours.

CrypNuevo suggests that if Bitcoin follows its historical pattern, Ethereum and other altcoins may soon follow with explosive upward movement. The ripple effect, often called “altcoin season,” tends to lag slightly behind Bitcoin’s peaks but delivers outsized returns once capital rotates.

The excitement comes amid growing confidence in macro conditions, increasing institutional exposure, and improving on-chain metrics. Analysts are also watching key resistance zones closely. If BTC can push through its previous ceiling, psychological levels like $75K and $80K may be in reach sooner than expected.

Some metrics contributing to this bullish scenario include positive funding rates, rising open interest in BTC futures, and on-chain wallet accumulation trends that show whales returning to the market.

As of now, Bitcoin trades just under its all-time high. With volume rising and sentiment shifting, traders are preparing for what could be a historic breakout—potentially within the next 24 hours.

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