Bitcoin Surges 8.91% After Breakout and Retest

Bitcoin recently saw a remarkable price jump of 8.91% after a breakout and retest, showcasing strong market dynamics. Traders and analysts are excited about future implications.

Bitcoin Breakout and Retest Significance

Bitcoin’s recent price surge of 8.91% came as the cryptocurrency broke out of a significant resistance level, followed by a well-timed retest. On July 12, 2025, a prominent crypto analyst reported the breakout’s precision, likening it to historical patterns established over eight years ago. For days, Bitcoin had been hovering around the $108,500 mark, and once it decisively surpassed that range, it achieved a textbook retest which set the stage for a notable upward movement.

Technical Analysis of the Breakout

In examining the BTCUSDT Perpetual Contract on the 12-hour chart, Bitcoin’s breach of the descending trendline resistance was unmistakable. After this breakout, the price executed a straightforward retest of both the trendline and the one-month Volume Weighted Average Price (VWAP), which hovered around $108,500. The analyst marked this $108,500 threshold as a pivotal point for a potential all-time high (ATH) breakout, and the charts confirmed a bullish momentum as Bitcoin tested this support level.

Enduring Strategies in Crypto Trading

The breakout pattern highlighted in the analyst’s tweet showcases a strategy that has proven successful since 2017, following a break and retest principle. Remarkably, even after eight years, this simple method still delivers reliable results in the fast-paced world of cryptocurrency trading. The analysis mentioned the Monthly Rolling VWAP being at +8.91%, essentially acting as dynamic support ahead of Bitcoin’s price jump, which is crucial for bullish sentiment to thrive.

Institutional Tools Maintain Influence

The effectiveness of traditional trading tools, such as VWAP, alongside classic chart patterns, is evident in Bitcoin’s price movement. Even with the influx of innovative indicators, established setups frequently provide better outcomes during phases of market confirmation. The alignment of the resistance break, the retest, and the supportive role of the VWAP suite paints a very positive technical picture for Bitcoin, leading traders to ponder if conventional and straightforward strategies will continue to hold sway amidst the rising complexity of the crypto marketplace.

Market Response and Trader Confidence

In the lead-up to this breakout, Bitcoin had spent considerable time consolidating near resistance levels throughout June and early July. This established a robust base above the dynamic VWAPs, which served as a springboard once the resistance was dismantled. The vigorous market response served to affirm trader confidence, indicating that this wasn’t simply a fleeting price increase but a sustainable breakout supported by strong volumetric activity.

Future Momentum and Trader Interest

Looking ahead, traders are eagerly questioning whether the current upward momentum is merely the beginning for Bitcoin. The engagement surrounding this trade set-which includes over 9,764 views on the analyst’s tweet – demonstrates a high level of intrigue within the trading community. Despite the absence of explicit upper price targets, the ongoing bullish pressure leaves ample room for upward trajectory as momentum continues to build, igniting even greater interest among crypto enthusiasts.

In conclusion, Bitcoin’s significant price surge post-breakout is indicative of healthy market dynamics supported by both classic trading patterns and established indicators such as VWAP. The successful retest after the breakout not only strengthens trader confidence but also opens up possibilities for future price rises. As engagement among traders continues to grow, the crypto market remains ever vibrant, encouraging the exploration of both simplicity and complexity in trading strategies.