Massive Bitcoin Bull Run Ahead? Two Chart Patterns Mirror BTC's Rally to $109K

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Crypto bears might want to closely watch bitcoin’s (BTC) recent chart patterns, which mirror those that preceded the late 2024 rally from $70,000 to $109,000.The first pattern involves the weekly chart’s Moving Average Convergence Divergence (MACD) histogram, a momentum indicator used to identify trend changes and reversals. MACD crossovers above or below the zero line typically signal bullish or bearish shifts in momentum source: https://www.coindesk.com/markets/2025/05/07/massive-bitcoin-bull-run-ahead-two-chart-patterns-mirror-btc-s-rally-to-usd109k