Bitcoin Nears Bullish Breakout As Power Law Signals Room to Reach $109K

Bitcoin eyes $109K as it holds above the blue Power Law Corridor band.

BTC dominance nears 71% resistance after reclaiming key 60.20% support.

Momentum builds as Bitcoin breaks out from a multi-year wedge pattern.

Bitcoin’s price and dominance now sit at key levels that historically mark the start of parabolic rallies, with breakout signals emerging from long-term trend structures and technical thresholds that remain untouched this cycle.

Power Law Channel Signals Room for Expansion

Bitcoin’s price performance over the past 15 years shows consistent respect for its Power Law growth corridor. The logarithmic chart divides price action into three color-coded bands: green (base), blue (midline), and red (peak). Bitcoin has completed three major cycles within this structure and is advancing through a fourth.

Currently, Bitcoin trades inside the blue band near the upper boundary, having already exited the green base zone. This structure has remained consistent since the 2011–2013 bull market, when the price surged from under $1 to over $1,000. The following cycle saw Bitcoin rise from $300 to nearly $20,000, again breaking through the blue band into the red before retracing.

Source: Titan of Crypto

A comparable breakout occurred during the 2020–2021 cycle, where Bitcoin peaked above $60,000. That phase included a 2019 fakeout near the red zone, followed by a confirmed breakout two years later. The current cycle began in late 2022, starting near $16,000 and progressing steadily upward through 2023 and 2024.

According to market analyst Titan of Crypto, “Bitcoin has never ended a cycle below the blue line in the Power Law Corridor.” He emphasized that the blue threshold now sits around $109,000, which has not yet been reached. Based on past cycles, the price consistently breaks above this line before cycle tops form. The current positioning shows Bitcoin inside a boxed region just beneath the red channel, indicating that a major move may be underway.

Bitcoin Dominance Approaches Historic Ceiling

In addition to price action, Bitcoin’s dominance in the total crypto market is nearing a multi-year resistance zone. The chart tracks BTC dominance from 2017 to 2025 using monthly candles and clear horizontal levels. The most recent data shows dominance reaching 64.85%, with a possible retest zone around 64%.

Source: Rekt Capital

The analyst Rekt Capital noted that “Any dips into 64% would constitute a retest.” He explained that dominance has reclaimed the 60.20% mark, which acted as prior resistance across multiple cycles. He also pointed to the ascending trendline from 2023 as a key structural support currently holding strong.

Another important aspect to consider is the upper resistance band between 63.96% and 71.04%, tested during previous peaks. Building on this information, further analysis shows that monthly momentum remains intact, with dominance pushing higher despite local overextensions. As a result of these factors, Bitcoin’s current dominance trend may still have one final leg to reach the 71% target.