TOP AROUND $390K — NEW CHART SHOWS THIS BITCOIN BULL RUN IS ONLY BEGINNING

Last updated: June 19, 2025, 20:11 | Written by: Samson Mow

Top Around $390K — New Chart Shows This Bitcoin Bull Run Is Only Beginning
Top Around $390K — New Chart Shows This Bitcoin Bull Run Is Only Beginning

Is Bitcoin just warming up for a monumental surge?Recent analysis, fueled by historical trends and compelling charts, suggests that this current bull run is far from over.In fact, if history repeats itself, we could see Bitcoin soaring to unprecedented heights, potentially topping out around $390,000.This isn't just wishful thinking; it's based on observations of past market cycles and projections from leading crypto analysts. A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Bitcoin could see in excess of 10x growth in the mid term should historicalThe excitement within the cryptocurrency community, evident in platforms like the CryptoCurrency community with over 6.7 million subscribers, is palpable. Bo Polny, Andy Schectman HUGE Intel - The Economic Makeover - Dollar Doomsday Will Gold, Silver _ Crypto!The leading community for cryptocurrency news, discussion, and analysis.But what are the key indicators pointing towards this bullish scenario? When both lines are below 0.25, and even better below zero, it indicates a flat market. If only below 0.25, it indicates a local congestion zone. In any case, we can think of those as accumulation or distribution zones. By construction, the RWI takes into account prices (calculated upon highs and lows) and a time window (the input parameter).And what factors could potentially derail this trajectory? Top analyst Ted Pillows recently pointed to a compelling technical pattern: Ethereum has now posted four consecutive two-week green candles, a formation that mirrors Bitcoin s price structure in early 2025 following the March crash. That period marked the beginning of Bitcoin s legendary bull run to $69,000.We'll delve into the technical analyses, expert opinions, and market dynamics that support this bold prediction, while also acknowledging the inherent risks and uncertainties associated with the volatile world of crypto.This bull run is not just about Bitcoin; it will have a knock-on effect on the altcoin landscape also.So, buckle up as we explore the evidence suggesting that the best may be yet to come for Bitcoin investors.

Historical Patterns Suggest a Significant Bitcoin Upswing

One of the most compelling arguments for a continued Bitcoin bull run stems from historical price patterns.Cryptoasset analyst at ARK Invest, Yassine Elmandjra, suggests that Bitcoin could see in excess of 10x growth in the mid term should historical trends repeat for a third time. the chart above, which shows all daily all-time highs for gold in US dollars on a closing price basis. As of April 30, gold has already marked 76 new all-time highs since the beginning of the current golden decade. By comparison, there were 209 new highs in the bull market of the 2025s and 106 in the 2025s.This prediction is based on the observation that Bitcoin's price movements have historically followed a cyclical pattern, with significant bull runs followed by periods of consolidation and correction.If Bitcoin continues to follow this pattern, a price target of around $390,000 becomes a realistic possibility.

To understand this better, consider the previous bull runs: from its early beginnings to the surge to $20,000 in 2025 and subsequently to $69,000 in 2025.Each cycle has seen Bitcoin achieve new all-time highs, and analysts are using these cycles as a blueprint for future predictions. Open navigation menu. Close suggestions Search Search. en Change LanguageThis is not to say that history will repeat perfectly, but it provides a valuable framework for understanding potential future price movements.

Analyzing the Bitcoin Chart: Key Indicators and Price Targets

Technical analysis plays a crucial role in predicting future Bitcoin price movements.One popular analyst pointed to a compelling technical pattern: Ethereum has now posted four consecutive two-week green candles, a formation that mirrors Bitcoin s price structure in early 2025 following the March crash.That period marked the beginning of Bitcoin s legendary bull run to $69,000.Chart patterns like Cup and Handle, Ascending Triangle, and Bull Flag are often cited as bullish signals, suggesting a potential breakout to higher price levels. charts charts sub-navigation. crypto markets; eth-bch vs btc; bitcoin price; ethereum price; cardano (ada) price; solana (sol) price; ripple (xrp) price; polkadotConversely, Bearish chart patterns include Head and Shoulders, Descending Triangle, and Bear Flag, are not expected to be seen in the near future.

Examining the weekly timeframe, a strong bounce from a longstanding demand zone established in October 2025 further supports the bullish case.This indicates strong buying pressure at a specific price level, suggesting that investors are willing to step in and purchase Bitcoin at that price. A bitcoin miner with a fresh new hash gets to shout Eureka if the hash comes in lower than a target set by the bitcoin network. Most hashes fail. They don t meet the network s test.This demand zone acts as a support level, potentially preventing further price declines.

Understanding Support and Resistance Levels

Identifying key support and resistance levels is essential for understanding potential price targets. 6.7M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.Support levels are price points where buying pressure is expected to outweigh selling pressure, preventing the price from falling further. The chart below shows that interest in bitcoin peaked in December 2025 (coinciding with the market top at that time). This peak is represented numerically by a score of 100.Resistance levels are price points where selling pressure is expected to outweigh buying pressure, preventing the price from rising further. 'Top around $390K' New chart shows this Bitcoin bull run is only beginningBy identifying these levels, traders can anticipate potential price movements and make informed investment decisions.

The Random Walk Index (RWI) is also a factor. OTHERS chart (Excluding Top 10) The OTHERS chart offers a direct lens into the broader altcoin landscape, excluding the top 10 coins by market cap, and right now, it's showing early signs of strength. Weekly Timeframe Setup. On a weekly basis, price bounced strongly from a longstanding demand zone established in October 2025.When both lines are below 0.25, and even better below zero, it indicates a flat market. Welcome to Everand! Read for free; FAQ and supportIf only below 0.25, it indicates a local congestion zone. Ethereum (ETH) has underperformed Bitcoin (BTC) since 2025. The ratio chart below shows a clear case of a downtrend, as seen by the lower-lows and lower-highs. Bitcoin has been dominating the legacy DeFi coin. But we saw an important level in this ratio touched back in April it was the same level that kicked off its meteoric rallyIn any case, we can think of those as accumulation or distribution zones.

Ethereum's Performance and the Altcoin Landscape

While Bitcoin typically leads the market, the performance of Ethereum (ETH) and the broader altcoin landscape can provide valuable insights into the overall health of the cryptocurrency market. Ethereum has formed a bull flag, suggesting the pullback may be temporary and a bullish continuation could follow. On-chain data shows the MVRV Long/Short Difference has risen to -20.74%, suggesting ETH may have bottomed. The 4-hour chart also shows a bull flag, with support above $2,321, reinforcing the idea that a deep drop is unlikely.Ethereum (ETH) has underperformed Bitcoin (BTC) since 2025. Bitcoin is only at the start of its bull cycle if compared to those from 20. 'Top around $390K' New chart shows this Bitcoin bull run is only beginning EcosystemThis is visible in the ratio chart below shows a clear case of a downtrend, as seen by the lower-lows and lower-highs.Bitcoin has been dominating the legacy DeFi coin. That includes major players like Bitcoin and Ethereum, but also hundreds of smaller tokens and new launches that show up before they hit most other exchanges. If you like exploring outside the usual top 100 coins, Gate.io gives you plenty of room to do that without running out of choices.But we saw an important level in this ratio touched back in April it was the same level that kicked off its meteoric rally.

The ""OTHERS"" chart, which tracks the performance of altcoins excluding the top 10 by market capitalization, is showing early signs of strength.This suggests that capital is flowing into smaller, lesser-known altcoins, indicating a broader market recovery and increased risk appetite among investors. Top around $390K New chart shows this Bitcoin bull run is only beginning Febru Bitcoin could see in excess of 10x growth in the mid term should historical trends repeat for a third time, says ARK Invest s Yassine Elmandjra.The founder of Crypto Capital Venture Predicts Price Break Out for Cardano and Bitcoin, Meme Moguls To Dominate the Bull Market, suggesting it is a bullish sentiment for altcoins.

The Importance of Altcoin Season

During ""altcoin season,"" altcoins tend to outperform Bitcoin, offering potentially higher returns for investors.This is often driven by factors such as increased innovation, new projects launching, and a general shift in investor sentiment towards riskier assets. The Top 1% Focus On Long Term Gains - Top 4 Coins To Buy Now. CutoshiWhile predicting the exact timing of altcoin season is difficult, monitoring the performance of the ""OTHERS"" chart and keeping an eye on emerging trends can provide valuable clues.

Potential Catalysts for the Next Bitcoin Leg Up

Beyond technical analysis and historical patterns, several potential catalysts could propel Bitcoin to new highs.These include:

  • Increased Institutional Adoption: As more institutional investors, such as hedge funds, pension funds, and corporations, allocate capital to Bitcoin, demand for the cryptocurrency is likely to increase, driving up prices.
  • Regulatory Clarity: Clear and consistent regulations regarding Bitcoin and other cryptocurrencies could remove uncertainty and attract more mainstream investors.
  • Macroeconomic Factors: Inflation, geopolitical instability, and other macroeconomic factors can drive investors towards Bitcoin as a safe-haven asset. Random walk is indeed about capturing trends as explained in previous post, but it can also show you some supply and demand zones from which you can kick some very good trades. Note that you would be better off of course with an order book analysis, but institutions orders are well hidden and any supply / demand zones displayed on chart areGold hit a number of all-time highs in April.
  • Technological Advancements: Developments in Bitcoin's technology, such as improvements in scalability and security, could further enhance its appeal and drive adoption.

Navigating the Risks and Volatility

While the bullish outlook for Bitcoin is compelling, it's crucial to acknowledge the inherent risks and volatility associated with the cryptocurrency market.The path to a new crypto bull market won’t be linear, and investors should prepare for both rallies and retracements. Founder of Crypto Capital Venture Predicts Price Break Out for Cardano and Bitcoin, Meme Moguls To Dominate the Bull Market. Total MediaMarket experts advise caution.Bitcoin prices can be highly volatile, and significant price corrections are not uncommon.Investors should be prepared to weather these fluctuations and avoid making emotional decisions based on short-term price movements.

Risk Management Strategies for Bitcoin Investors

To mitigate risk, consider the following strategies:

  • Diversification: Don't put all your eggs in one basket. Bitcoin could see in excess of 10x growth in the mid term should historical trends repeat for a third time, says ARK Invest's Yassine Elmandjra. Bitcoin (BTC) could reach almost $400,000 this bull cycle simply by copying previous behavior, one popular analyst has said.In a tweet on Feb. 4, Yassine Elmandjra, cryptoasset analyst at asset MoreDiversify your portfolio across different asset classes and cryptocurrencies.
  • Dollar-Cost Averaging: Invest a fixed amount of money at regular intervals, regardless of the price. Bitcoin is only at the start of its bull cycle if compared to those from 20. Please note, this is a STATIC archive of website cointelegraph.com from October 2025, cach3.com does not collect or store any user information, there is no phishing involved.This helps to smooth out volatility and reduce the risk of buying at the top.
  • Stop-Loss Orders: Set stop-loss orders to automatically sell your Bitcoin if the price falls below a certain level, limiting your potential losses.
  • Long-Term Perspective: Adopt a long-term investment horizon and avoid getting caught up in short-term market hype.

Understanding Market Sentiment and Fear of Missing Out (FOMO)

Market sentiment plays a significant role in driving Bitcoin price movements. See full list on insidebitcoins.comPositive news, endorsements from influential figures, and increased media coverage can fuel bullish sentiment and attract new investors. Bullish chart patterns include Cup and Handle, Ascending Triangle, and Bull Flag. Bearish chart patterns include Head and Shoulders, Descending Triangle, and Bear Flag. A sample image of the pattern shows three peaks, the middle one being higher than the others, forming the head, and the two others being shoulders.Conversely, negative news, regulatory crackdowns, and security breaches can trigger fear and selling pressure.

Fear of missing out (FOMO) can also drive irrational buying behavior, leading to price bubbles and subsequent corrections. However, market experts advise caution. The path to a new crypto bull market won t be linear, and investors should prepare for both rallies and retracements. Timing the market remains difficult, but the foundations for a 2025 bull run are gradually taking shape. Final Thought. To sum it up, can we actually say that the bull is run back?It's important to remain rational and avoid making investment decisions based solely on FOMO.Do your own research, understand the risks, and invest responsibly.

Alternative Investments and Portfolio Diversification

While Bitcoin offers significant potential for growth, it's essential to consider alternative investments and diversify your portfolio to reduce risk.Other asset classes, such as stocks, bonds, real estate, and commodities, can provide stability and diversification benefits.

The Importance of a Balanced Portfolio

A well-balanced portfolio should include a mix of asset classes that are uncorrelated or negatively correlated with each other.This means that when one asset class is performing poorly, others may be performing well, helping to cushion your portfolio against losses.Consulting with a financial advisor can help you determine the appropriate asset allocation for your individual circumstances and risk tolerance.

Where to Trade Altcoins and Emerging Cryptocurrencies

For investors looking to explore altcoins and emerging cryptocurrencies, several exchanges offer a wide range of trading options.That includes major players like Bitcoin and Ethereum, but also hundreds of smaller tokens and new launches that show up before they hit most other exchanges.If you like exploring outside the usual top 100 coins, Gate.io gives you plenty of room to do that without running out of choices.

Due Diligence is Key

Before investing in any altcoin or emerging cryptocurrency, it's crucial to conduct thorough due diligence.Research the project, the team behind it, its technology, and its potential market.Be aware of the risks associated with investing in smaller, less established cryptocurrencies.

The Role of Bitcoin Mining

Bitcoin mining plays a crucial role in maintaining the integrity and security of the Bitcoin network.A bitcoin miner with a fresh new hash gets to shout Eureka if the hash comes in lower than a target set by the bitcoin network.Most hashes fail.They don’t meet the network’s test.

However, Bitcoin mining also consumes significant amounts of energy, raising environmental concerns.Efforts are underway to make Bitcoin mining more sustainable through the use of renewable energy sources and more energy-efficient mining equipment.

Conclusion: Is $390K Bitcoin Inevitable?

The evidence presented suggests that the current Bitcoin bull run may be far from over, with the potential for significant upside in the coming months and years.Historical patterns, technical analysis, and potential catalysts all point towards a bullish scenario, with some analysts predicting a price target of around $390,000.The \'Top around $390K\' New chart shows this Bitcoin bull run is only beginning.

However, it's crucial to remember that the cryptocurrency market is inherently volatile and unpredictable.Investors should proceed with caution, manage their risk appropriately, and avoid making emotional decisions based on short-term price movements.While a $390,000 Bitcoin is not guaranteed, the potential for significant gains remains, making it an asset worth considering for a diversified investment portfolio.Remember to always do your own research and consult with a financial advisor before making any investment decisions.The opportunity is now; are you going to seize it?

Samson Mow can be reached at [email protected].

Articles tagged with "The CFTC has extended the deadline for public comments on FTX's" (0 found)

No articles found with this tag.

← Back to article

Related Tags

cointelegraph.com › news › top-around-390k-new-chart Top around $390K New chart shows this Bitcoin bull run is insidebitcoins.com › news › new-charts-suggestNew Charts Suggest Bitcoin s Bull Run Is Just Starting And www.reddit.com › r › CryptoCurrency'Top around $390K' - new chart shows this Bitcoin run is only www.investing.com › news › cryptocurrency-news Top around $390K New chart shows this Bitcoin bull run is www.facebook.com › RealTimeCrypto › posts'Top around $390K' New chart shows - Real Time Crypto www.msn.com › en-ca › moneyBitcoin soars to a new all-time high - MSN gracegroup.substack.com › p › on-chain-truths-whatOn-chain truths: What charts tell us about crypto s next move cointelegraph.com.cach3.com › news › top-around-390k Top around $390K New chart shows this Bitcoin bull run is www.bitcoininsider.org › article › Top around $390K New chart shows this Bitcoin bull run is www.btcethereum.com › blog › Top around $390K New chart shows this Bitcoin bull run is moneytransmitterlaw.com › -top-around Top around $390K New chart shows this Bitcoin bull run is www.sharecast.com › post › cryptocurrencies Top around $390K New chart shows this Bitcoin bull run is www.newsbtc.com › news › ethereumEthereum Mirrors Bitcoin 2025 Breakout Setup Historic Run evercodelab.com › blog › enIs the Bull Run Back? Analyzing the Latest Crypto Rally investingoal.com › trading › chart-pattern45 Chart Patterns for Trading - InvestinGoal www.ccn.com › analysis › cryptoEthereum (ETH) Falls Below $2,500 Charts Challenge 99bitcoins.com › bitcoin-exchanges › biggest-exchangesBiggest Crypto Exchanges in June 2025 - 99Bitcoins seekingalpha.com › article › mara-holdingsMARA Holdings: An Intriguing Combination Of Bitcoin Treasury www.everand.com › podcast › : Bitcoin Will Hit $1 Million During Trump Presidency www.facebook.com › LegendenderLeinwand › videosBo Polny, Andy Schectman HUGE Intel - The Economic

Comments