A crypto analyst has identified a potential major breakout for Bitcoin using the Renko Mari-Ashi chart, a rare Japanese chart pattern. The chart indicates that Bitcoin has formed a Double Bottom, suggesting a possible end to the current bear market. The Double Bottom is positioned between $60,000 and $65,000, with the first bottom forming in February 2026 and the second following a bullish fakeout.
The analyst, known as Geometric, highlights that this chart filters out market noise and focuses on price movements, not timing. The Renko Mari-Ashi chart previously predicted Bitcoin's surge to $100,000 in 2025 after a similar pattern. With the current Double Bottom confirmed, Bitcoin is now in a bullish breakout zone, potentially signaling a strong rally similar to past cycles.
Bitcoin Renko Mari-Ashi Chart Signals Potential Breakout After Double Bottom
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