A chart shared on May 7, 2026, by analyst @CryptoTice highlights a technical formation that mirrors the setup seen ahead of Bitcoin’s surge from roughly $17,000 to $69,000. According to the analysis, the same structural signals have appeared again on the long-term chart, raising expectations that the market could be preparing for another major rally. Bitcoin Rally Structure: ATH Break Then Retest The 2020 market cycle began when Bitcoin finally moved above its previous ATH after spending a long period trading sideways in an accumulation phase. However, the move did not immediately turn into a sustained rally. Instead, Bitcoin paused and began trading within a horizontal range close to the breakout level, forming a consolidation zone where significant trading activity took place. Related Reading: Pundit Predicts When The XRP Price Will Rally To $12 The chart shared by analyst CryptoTice shows that Bitcoin is forming a very similar structure in the current cycle. Just as in the earlier period, Bitcoin has already pushed beyond a previous ATH before settling into a comparable horizontal range. In both cycles, the breakout was followed by a period when the price slowed, and Bitcoin traded around the former resistance area. Instead of breaking down further, Bitcoin found support there and began stabilizing. This movement confirmed that the level that once acted as resistance had now turned into support, resulting in a retest of the former all-time high zone. The current chart indicates that the same retest pattern may be developing again. After reaching a new peak, Bitcoin has started moving back toward the breakout area once more. According to the analyst, this pullback represents the current retest phase of the cycle, closely matching the stage that appeared just before Bitcoin’s previous 400% rally. Bitcoin Rally Comparison: From Retest To Expansion After the retest held during the previous cycle, Bitcoin began moving upward again. Momentum gradually built until the market entered a strong expansion phase, eventually pushing Bitcoin from about $17,000 to $69,000. The chart indicates the current market may be approaching the same stage. In the earlier cycle, the rally began after Bitcoin successfully held the retest level. The present structure appears similar, with the green band on the chart marking the key support area analysts are monitoring to see if the pattern remains intact. Related Reading: Analyst Predicts Bitcoin Price Will Top $320,000 After ‘Cleanest Signal’ Emerged Current market data provides additional context. Bitcoin is trading near $80,667, with a market capitalization of about $1.61 trillion and a circulating supply close to 20 million BTC. Although the market is significantly larger than it was during the previous cycle, the long-term price structure still resembles the earlier formation. The analyst’s chart also includes a projected path reflecting the same sequence seen before: a breakout above the previous high, a retest of that level, and then a sustained rally. Overall, the chart suggests Bitcoin may be repeating the structure that previously led to a 400% rally, with the ongoing retest potentially serving as the launch point for the next major leg up. Featured image created with Dall.E, chart from Tradingview.com
The reported assassinations heighten geopolitical tensions, likely stalling diplomatic efforts and increasing instability risks in the region.
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Trump's rejection signals persistent US-Iran tensions, reducing diplomatic prospects and impacting market expectations for near-term resolutions.
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Ripple has closed a $200 million debt facility from Neuberger Specialty Finance, the asset-based lending arm of global investment manager Neuberger. The capital will expand the lending and margin financing capacity of Ripple Prime, Ripple’s institutional prime brokerage platform. The deal was announced Monday May 11, making it one of the largest debt facilities raised …
The stalled US-Iran talks heighten regional tensions, potentially leading to increased military actions and impacting geopolitical stability.
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Increased retail investment in chipmakers heightens market volatility risk, as high exposure could lead to significant losses if growth expectations falter.
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Ripple Prime's strategic expansion could accelerate institutional adoption of integrated digital asset trading, reshaping financial markets.
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The new AI-powered tool is designed to help "non-technical users" craft prediction market trading strategies.
Tether's grants program could democratize AI and payment tool development, fostering innovation by reducing reliance on centralized systems.
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The Senate Banking Committee has officially scheduled the CLARITY Act markup for Thursday May 14 at 10:30 AM EST. Senate Banking Chairman Tim Scott announced the date on Friday evening. According to a committee memo, the final legislative text is expected to be released Monday with senators required to submit amendments before close of business …
Escalating geopolitical tensions highlight Bitcoin's resilience, but sustained market stability hinges on diplomatic progress and energy prices.
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Bitcoin is entering one of its most consequential trading weeks since its February correction, with Middle East tensions pushing oil prices higher, inflation expectations hardening, and options traders positioning for a possible break above $85,000. According to CryptoSlate's data, the largest digital asset briefly dipped on Sunday after President Donald Trump rejected Iran’s latest response […]
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The ongoing conflict undermines regional stability, complicates peace efforts, and disrupts economic activities, notably in energy markets.
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Bitcoin is trading within a well-defined resistance zone that analyst Gareth Soloway has been tracking since the market’s October 2025 lows. The zone runs from $80,000 at the low end to approximately $85,000 to $86,000 at the high end, with multiple historical pivot points creating a solid resistance footprint across that range. Soloway said Bitcoin …
The investment highlights a shift towards decentralized energy solutions, addressing growing power demands and grid limitations in the AI era.
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The SEC's delay highlights the complex regulatory hurdles novel financial products face, impacting market readiness and competitive positioning.
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The missile exchanges heighten regional tensions, potentially leading to increased military actions and airspace closures, impacting global stability.
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The OpenAI Deployment Company launches with $4 billion, 19 investors, and a Palantir-style playbook to embed engineers inside enterprises.
Heightened tensions in the Strait of Hormuz could disrupt global oil supply, impacting international markets and prompting military escalations.
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Iran's sovereignty claim over the Strait of Hormuz may escalate regional tensions, impacting global oil trade and challenging maritime norms.
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Prolonged disruptions in the Strait of Hormuz could escalate global oil prices and destabilize international economic and security dynamics.
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The Solana price has remained elevated over the past few days as improving sentiment across the crypto markets fueled a strong recovery rally. Hopes surrounding easing geopolitical tensions and renewed bullish momentum helped SOL surge more than 15% from its consolidation range near $83. However, the token faced strong resistance just below the psychological $100 …
Jio's IPO strategy signals confidence in long-term growth, potentially boosting India's tech sector while intensifying market competition.
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The lawsuit against OpenAI could intensify scrutiny on AI safety protocols, potentially influencing future regulations and legal frameworks.
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Ripple's expanded lending capacity could enhance its competitive edge in institutional finance, potentially reshaping digital asset markets.
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The American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits.
The summit's outcomes could redefine global trade dynamics, tech regulations, and energy security, impacting international relations and economies.
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Solana's rising ETF inflows highlight shifting investor confidence, but regulatory uncertainties could impact future growth and market dynamics.
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Israel's escalation in Lebanon may heighten regional tensions, strain military resources, and impact geopolitical stability significantly.
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Hyperscale Data's shift to AI compute leasing signals a strategic pivot towards scalable infrastructure, impacting energy demands and tech employment.
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