Bitcoin Eyes $110K? Historical Trends Suggest a Breakout Is Coming

Bitcoin, the top cryptocurrency, could be on the verge of breaking its all-time high of $108,824 set in January. This isn’t just speculation—it’s backed by historical trends.

CryptoRank data reveals Bitcoin has consistently surged in spring, with average gains of +11.8% in March, +34.7% in April, and +20% in May. Even June and July, typically slower months, have seen average returns of +7.91% and +8.26%. While median returns are slightly lower at 4.67%, the momentum remains bullish.

Currently, BTC is hovering around $96,000, meaning it has some ground to cover before setting a new record. However, past cycles suggest it could happen sooner than expected. Similar surges were seen in March 2024, April 2020, and May 2019, where Bitcoin didn’t just climb—it skyrocketed.

Of course, crypto markets remain unpredictable, and no one can guarantee future price action. But with 14 years of data, Bitcoin has shown a strong seasonal pattern. If history repeats, a record-breaking rally could be right around the corner.