Bitcoin Breakout Alert: 3 Key Signs of a Massive Bull Run!

Bitcoin’s Bullish Pattern Nearing Bitcoin Breakout

Bitcoin is getting extremely close to breaking out from this new bullish pattern which could set up a massive bullish price target as the price of Bitcoin is now running into the final area of resistance before new all-time highs as we just have massive bitcoin news today coming in over the last few hours and over the last one day.

which I’ll talk about in just a moment alongside the price of Ethereum still forming this bullish pattern getting closer towards a breakout while the price of Solana, XRP, and Chainlink are all bouncing from key short-term support. So, are we talking about all of that and so much more later in the video? So definitely watch to the end.

Federal Reserve’s Interest Rate Decision

First of all, just before we take a look at the Bitcoin charts today, we need to talk about the crypto and financial news today. Because, of course, just yesterday we had the Federal Reserve decision on interest rates where they basically kept interest rates the same, so no change in interest rates which was the expected outcome.

And of course, I talked about that over the last couple of days and shared this right here in real time over on my Twitter in a matter of seconds from this being released. So as soon as this happened within the following minutes, we didn’t really see anything major in the price of Bitcoin because this was the expected outcome—very neutral for Bitcoin Breakout and crypto.

But as I explained over the last couple of days, roughly half an hour give or take after the rate decision gets announced, we have the Jerome Powell press conference where basically the boss of the Federal Reserve, the Fed chair Jerome Powell, speaks about what could be coming next for example.

One of the reporters actually asked him about Bitcoin and crypto, and he actually said banks are perfectly able to serve crypto customers, and then of course, he talked about some risks involved, but basically, he showed that he’s open to Bitcoin and crypto.

And so, as soon as he was saying this live in the press conference, the boss of the Federal Reserve of the United States talking positively about Bitcoin Breakout and crypto, of course, that helped pump the price of Bitcoin in crypto as I said right here as it was happening. This is bullish for crypto, and so this was potentially just one of the reasons as to why we saw a decent bullish move over the last one day or so.

Norwegian Sovereign Wealth Fund’s Investment in MicroStrategy

And of course, if you’re following me over on my Twitter, you got this real-time update as it was happening. And just be aware of any scam accounts over on Twitter or really any social media trying to copy my profile.

Always my profiles are the ones with the verified check mark as you can see, and essentially all of my social medias are in the links down below this video in the description and in the pinned comment, so any other account that you see is using my name or picture that’s not verified and is not linked below these YouTube videos, it’s probably a scammer.

But with that being said, getting into some other Bitcoin news today, and this came out over the last one day. Essentially, it’s the Norwegian Sovereign Wealth Fund posting their reports for 2024 and changes that they made to the fund and posting their profits that they made during 2024.

In this latest release, essentially we just found out that the Norwegian Sovereign Wealth Fund actually dumped roughly half a billion dollars into MicroStrategy shares.

That’s right, they bought around $500 million USD worth of MicroStrategy shares just in 2024. Because we can see on this chart right here, it’s behind my facecam, but you could see over the years, they have actually held a few million dollars here and there of MicroStrategy shares,

but then in the year of 2024, you could see here compared to 2023, in the year of 2024, this absolutely exploded to the upside—basically the amount that the Norwegian Sovereign Wealth Fund actually holds. So at the end of 2023, they were holding roughly 70 to 71 million worth of MicroStrategy shares, but by the end of 2024, they were holding over half a billion, around $514 million USD worth of MicroStrategy stock.

And of course, if you’ve been in Bitcoin or crypto even just for around a few weeks or a few months, you know about MicroStrategy and their involvement with Bitcoin. But in case you’re new to all of this, essentially MicroStrategy, over the last few years, has been one of the largest buyers of Bitcoin Breakout out of basically anyone in the world.

Bitcoin Breakout hold billions of dollars worth of Bitcoin under MicroStrategy. And so, with the Norwegian Sovereign Wealth Fund buying a lot of MicroStrategy shares, they’re basically indirectly buying Bitcoin. Because as they own shares of MicroStrategy, they essentially indirectly own Bitcoin.

Sovereign Wealth Fund’s Impact on Bitcoin

And if you didn’t know much about the Norwegian Sovereign Wealth Fund, you might be thinking, well this isn’t really any big news because it’s just some fund over in Norway, but it’s not just some fund. It is the largest Sovereign Wealth Fund in the world! That is right, the Norwegian Sovereign Wealth Fund has over $1.7 trillion worth of assets.

That’s right, $1.7 trillion USD worth of assets that they actually own—not just manage. Some people may point towards, say, BlackRock for example that might manage, let’s just say, around $10 trillion worth of assets give or take, but BlackRock does not actually own those assets.

They just manage those assets on behalf of investors, whereas this Norwegian Sovereign Wealth Fund actually owns all of these assets right here. This is the assets that they own, so almost $2 trillion worth of assets in this singular fund.

And so, obviously now you know why this is massive news for Bitcoin, because we have the largest Sovereign Wealth Fund in the world buying massive amounts of MicroStrategy shares. Now obviously $500 million is a large amount, but it’s still relatively small compared to the total size of the fund, obviously.

But if you simply look at the change compared to 2023, they’re having a massive change towards MicroStrategy here—basically putting a lot more towards MicroStrategy compared to previous years.

Central Banks Eyeing Bitcoin: Czech Central Bank’s Plans

And so this, of course, shows you that the Norwegian Sovereign Wealth Fund is open to not only MicroStrategy but clearly open towards Bitcoin if they’re buying a lot of MicroStrategy shares. Then, obviously, they’re open to Bitcoin because MicroStrategy is basically a Bitcoin company.

On top of this bullish news over the last one day, we also saw this bullish news over the last one day for Bitcoin, but really by extension for overall crypto, but specifically Bitcoin Breakout with this one because essentially an article came out over the last 24 hours on the Financial Times talking about how the head of the Czech Central Bank actually wants to buy billions of EUR worth of Bitcoin Breakout .

That is right, we’re now talking about possible central banks accumulating Bitcoin, and this did indeed come from the head of the Central Bank as I just said. And as we can see here, we’ve got politicians in the United States now talking about a strategic Bitcoin reserve and foreign countries buying Bitcoin—the largest Sovereign Wealth Fund in the world buying MicroStrategy shares, indirectly buying Bitcoin Breakout .

The boss of the Federal Reserve of the United States talking bullish about Bitcoin and crypto, and all of this really happens just over the last 24 hours. So, this is definitely some big news for Bitcoin and crypto just in the last one day, possibly helping with that bounce that we saw in the price of Bitcoin Breakout and crypto over the last one day.

Bitcoin Breakout: What It Means for the Market

Bitcoin Breakout is on the verge of a major breakout, potentially reaching new all-time highs as it battles key resistance levels.

Watch for the Bitcoin Breakout: Key Resistance Levels

Bitcoin Breakout upcoming breakout could propel it towards $121K–$122K. Are we seeing the beginning of a bullish trend?

Is the Bitcoin Breakout Imminent?

With the price nearing critical resistance, many are predicting a significant bitcoin breakout. Stay ahead by understanding the signals and trends.

Bitcoin Breakout Patterns You Need to Know

A possible cup-and-handle pattern is forming, signaling the potential for a Bitcoin breakout. Here’s what you should look for.

Bitcoin Breakout News: A Surge in Market Sentiment

Key news like the Federal Reserve’s stance on crypto could act as a catalyst for Bitcoin’s imminent breakout.

Bitcoin Breakout: A Bullish Future Ahead?

As Bitcoin Breakout nears its breakout point, experts are forecasting a bright future for Bitcoin in 2025.

It looks like you’re analyzing the potential breakout levels and trading strategies for Bitcoin, Ethereum, and several altcoins. Here’s a quick recap and some insights:

Bitcoin Breakout Chart Analysis and Future Outlook

But with that being said, taking a look at the Bitcoin charts today on this weekly timeframe, technically we’re still within a larger bull market. And of course, during these larger bull runs, we can see pullbacks and things like that along the way in the short term.

But zooming out, looking at the bigger picture, we’re still looking bullish. And if we’re taking a look at this weekly Bitcoin chart, we’re potentially on the edge of regaining some bullish momentum to continue that next major move towards the upside.

And I’ve said that just recently here on the channel after around 1 to 2 months of mostly sideways price action chopping around sideways. So, at least as of right now, things are still going to plan, things are still basically repeating history compared to what we saw one year ago.

We’re still seeing very similar signals in all of these indicators right here. And if we’re taking a look at this 4-day timeframe, of course, the Super Trend indicator is still sitting in the green, indicating a larger bull market.

Bearish Divergence and Market Strategy

On this weekly timeframe, we still have a possible bearish divergence that is forming on the weekly timeframe, which is something to pay attention to but could likely start playing out maybe down the road, maybe in a few months from now, for example.

Because, as I’ve said a few times recently here on the channel, a likely scenario could be a new higher high in the price of Bitcoin—new all-time highs in the coming weeks or months.

And then at some point, maybe in a few months from now, maybe mid-year or second half of the year somewhere around there, obviously it’s hard to say exactly when, but somewhere around there, we may see a secondary high like this and then actually see the bull market start topping out as we make a new higher high in the price, while the RSI might still be sitting in lower highs in the weekly timeframe here in the weekly Bitcoin RSI.

And so, of course, if that happens, that would just extend this bearish divergence to make it even larger, and then maybe later in the year, we might start topping out and entering into more of a bear market. So, Bitcoin Breakout keep that in mind. That could be a likely scenario, and that’s also based on the 4-year Bitcoin halving cycles.

Bitcoin:
- Key resistance at $106,000–$107,000, and once this breaks, it could potentially push the price toward new all-time highs, with a price target around $121K–$122K.
- A cup and handle pattern could be forming, but it hasn’t been confirmed yet. Confirmation would require a daily close above the resistance level, making the breakout more reliable.
- Risk management: Set stop-loss orders below the breakout point to limit losses if the breakout fails.
Ethereum:
- The price is forming a falling wedge pattern, which is typically bullish.
- A breakout above the $3,300 resistance would activate a price target near $4,000.
- Trade cautiously and monitor for confirmation before entering a position.
Solana:
- Support around $220–$225, with resistance levels at $245 and $260. Watch for momentum and confirm breakouts to the upside.
XRP:
- Trading within a sideways range, currently lacking strong momentum in either direction. A breakout above resistance at $337 could signal a move higher, but the short-term outlook is neutral.
Chainlink:
- Watching for potential bullish moves, with strong support at $22.20 and resistance at $24.60–$25.30. A breakout above these levels could target around $26.40 based on a double bottom pattern.