Home Bitcoin News Bitcoin Bull Run Targets $370K in Final Surge Phase

Bitcoin Bull Run Targets $370K in Final Surge Phase

Bitcoin Bull Run

Bitcoin’s price may be on the verge of a historic explosion, according to crypto researcher Danny Marques, who believes the leading cryptocurrency is entering the final and most powerful stage of its long-term cycle. If his analysis holds, Bitcoin could climb to between $288,000 and $370,000 over the next 12 to 18 months—a gain that would dwarf previous bull runs.

Marques’ prediction isn’t based on speculation alone. Instead, it stems from a consistent 7-year technical pattern that has, so far, accurately mapped Bitcoin’s major price movements. From the 2018 crash to the COVID-19 dip and the 2022 bear market, every cycle low has landed perfectly on the lower boundary of a long-standing ascending price channel. At the same time, each cycle high—like $20,000 in 2017 and $69,000 in 2021—hit the channel’s upper boundary.

In 2024, Bitcoin made headlines again by breaking above its previous all-time high of $69,000. Marques sees this breakout as the beginning of the final leg of the current cycle—a pattern previously observed in the 2017 and 2020 rallies. In those cases, new highs were followed by explosive growth. For example, in 2017, Bitcoin surged from $1,200 to $20,000. Then in 2020, the price rocketed from $20,000 to $69,000—a 245% increase.

This time, if history repeats and Bitcoin follows a similar trajectory to the 2020 run, a 418% rally from $69,000 would place the price somewhere around $288,000. Marques also suggests that if the pattern unfolds more aggressively, a top near $370,000 is entirely possible.

A chart shared by Marques shows a classic “cup and handle” pattern, which began forming after the 2021 peak. The “cup” was shaped during the long, painful 2022 bear market, while the “handle” began developing in early 2024 as Bitcoin hovered around resistance. This formation is typically seen as one of the strongest bullish indicators in technical analysis and often signals a massive breakout when completed.

In addition to price patterns, technical indicators are also pointing toward further upside. The monthly Relative Strength Index (RSI), a popular momentum gauge, remains relatively low. During previous Bitcoin tops, the RSI soared to between 90 and 98. Right now, however, it sits around 69, indicating that Bitcoin still has significant room to grow before reaching overbought conditions.

Another tool, the TABI (Trend and Behavior Indicator), suggests Bitcoin is still early in its expansion phase. This indicator tracks the emotional and behavioral stages of market cycles, from disbelief to euphoria. According to current readings, the market is just exiting the belief phase and has not yet entered full-blown excitement or greed.

These technical and behavioral signals all point toward a potential price discovery phase—a period when Bitcoin moves beyond all previous highs and enters uncharted territory. If this phase mirrors past cycles, then prices between $197,000 and $370,000 may soon be within reach.

However, investors should remember that while historical patterns provide insight, they are not guarantees. Markets are influenced by a wide array of factors, including regulatory developments, macroeconomic shifts, and technological breakthroughs—or setbacks. Still, the consistency of the seven-year channel and supportive technical data suggest this bull run could have plenty of fuel left.

As Bitcoin continues to gain traction among institutions, retail investors, and even governments, the stage seems set for a defining moment. If the cycle does follow the previous trajectories, then the next year could see Bitcoin push past expectations, turning long-time predictions into reality—and potentially reaching prices once thought impossible.

For now, all eyes are on Bitcoin as it edges closer to price discovery mode, with analysts, traders, and investors watching the charts closely. The countdown to a possible six-figure Bitcoin is on, and if the data holds, we could be witnessing the most powerful phase of the digital asset’s life yet.

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Julie Binoche

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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