Bitcoin (BTC), has been struggling recently with the price down over 6% in the monthly charts. However, according to a recent analysis by top crypto analyst Ali_Charts, the drop in the price of BTC and followed by several attempts for a recovery has resulted in a ‘Triangle Pattern’ consolidation.
Based on this price movement, Ali_Charts has further predicted that Bitcoin could pump or dip by 15% in the near future. Let’s explore the potential for a 15% Bitcoin price movement under the current market conditions.
BTC’s Triangle Pattern Consolidation
As per the analysis by Ali_Charts, Bitcoin has been moving in a triangle pattern for the last one month. Particularly, the price has been rising and falling within a triangle pattern since March. 7, 2025. Usually, a triangle pattern is characterized by two trend lines connecting several peaks and troughs with a convergence of the trendlines forming a symmetrical triangle.
Based on historical contexts, a formation of the triangle pattern shows a pause of the prevalent trend as bears and bulls get into an equilibrium point. A price break out of the triangle pattern often signifies the start of a new trend or continuation of the previous trend. According to Ali_Charts, a 15% price move could occur once Bitcoin exits the triangle consolidation phase.
It is crucial for Bitcoin investors to keep watch of BTC price movement as a breakout above the upper trend line will signal bulls regaining control. However, a breakout below the lower trend line will show regain of control by bears. Based on the current price levels, a 15% upward movement could push BTC to the $95,000 level. Otherwise, the price could drop by 15% to the $70,000 level.
Bitcoin Risks Breaching the $82K Support
As of the time of this writing, BTC was trading at $82,746.72 as per the daily chart on TradingView. Based on the current price performance, Bitcoin risks a breach of the $82,000 support. If this happens in the short term, the BTC’s price could plunge towards the next support at $78,599. Further panic in the market would result in a more price drop with the $69,666 level more likely if Ali_Charts’ prediction holds.
However, if Bitcoin continues to hold above the $82,000, the price could surge as bulls take control. Such a scenario would push the price towards the resistance at $87,536. If the BTC turns this into support we could see Ali_Charts’ 15% surge to $96,000 come into life. For this to happen favorable market conditions have to prevail in the market.
However, a bearish momentum prevails in the current market as depicted by the technical indicators. Looking at the Relative Strength Index (RSI), the value of 44.36 down from 46.92 shows that BTC is on a bearish momentum.
Furthermore, the Moving Average Convergence Divergence (MACD) confirms the bearishness in the price of Bitcoin. The MACD line approaching the signal line from upwards shows a potential for a bearish crossover. The histogram bars are also fading away hence signaling a potential downtrend. Investors must thus watch the price movement for Bitcoin going forward to determine whether the price will pump or dip.
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