Bitcoin Forms The Same Pattern That Previously Led To A 400% Rally

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.

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.

Source: X

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.