{"content":"🚀 Bitcoin’s Next Move? Similar Rally Could Send BTC Above $160K After repeatedly failing to break over $110,000 earlier this month, Bitcoin remains in a tight price range. The biggest cryptocurrency has traded around $105,000 for days, with neither bulls nor bears gaining control. Despite consolidation, a small but major signal is emerging, especially on the 4-hour chart, that might propel Bitcoin to a new all-time high. After this signal surfaced in early April, Bitcoin rallied to its May 22 all-time high of $111,800. Another Bitcoin price breakthrough may be imminent due to the similar split. The 4-hour candlestick chart below shows price activity and RSI diverging. Price is making lower lows while RSI is making higher lows. This discrepancy indicates selling momentum is receding and a possible upward reversal. This pattern anticipated a rapid increase from $74,000 in early April to over $111,000 in a few weeks. With increased volume, bullish divergences on 4-hour charts are the earliest reversal indications. Bitcoin's current trend may indicate that the recent correction from $111,800 is over. Bitcoin may be entering another hidden accumulating period before its next leap upward as RSI rises and price falls. The top cryptocurrency may surge toward new all-time highs if the trend matches April's performance. Five percent below its price top, Bitcoin is close to a new record high. Another powerful breakthrough may likely surpass $111,800. Bitcoin's price is currently flat, but this bullish divergence shows how rapidly things may change. Previous bullish divergence led to a 50% price increase. A similar price performance would provide another objective over $160,000. #MarketPullback #PowellVsTrump #IsraelIranConflict #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/21/cfadfb46f841416abfc1fb6b40005aea.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}