Bitcoin Surge Aligns with Macroeconomic Cycle Analysis as BTC Approaches $67K
Bitcoin broke out of a descending price channel on the one-hour BTC/USDT chart, moving above the upper trendline after a prolonged period of consolidation. The price rebounded from mid-$66,000 lows to near $67,000, marking the first sustained move beyond prior resistance. Previous attempts to breach the channel’s upper boundary had failed, creating a defined structure with clear support and resistance levels. However, the breakout follows a pattern of lower highs and mixed short-term momentum, requiring further confirmation above the former channel top. Nearby resistance remains just above the breakout area, aligned with recent swing highs on the one-hour timeframe. The breakout’s validity depends on sustained price action above the former channel’s upper boundary, as intraday charts still show mixed trend signals. Traders are cautious due to the recent compressed trading within the channel and the need for follow-through volume to confirm the breakout’s strength. Bitcoin’s long-term price cycles on the monthly BTC/USDT chart show repeating bullish and bearish phases, with green zones indicating multi-year uptrends and red zones marking shorter downtrends. The current price near $67,000 places Bitcoin near the end of the 2022–2025 bullish phase, ahead of a projected bearish phase from 2025 to 2026. The analysis suggests a modeled path for 2026–2029, but the pattern is based on historical repetitions rather than current price data.























