Bitcoin has logged its second weekly bullish divergence in history, a technical signal that last appeared ahead of a 755% price surge. The pattern is now steering the cryptocurrency toward the $90,000 level, repeating the same setup that emerged during the FTX era.
A rare signal on the weekly chart
A bullish divergence forms when price drops to a new low but a momentum indicator — typically the Relative Strength Index — prints a higher low. It tells traders that selling momentum is exhausting even as the price keeps falling. On a weekly timeframe, these divergences are especially rare because the period filters out short-term noise. Bitcoin has been trading for over a decade, and this is only the second weekly bullish divergence on record. Having just one prior instance makes the signal both intriguing and uncertain. Some traders view it as a high-probability setup; others caution that a sample size of one is too thin for conviction. The divergence is visible on most price charts, with momentum indicators showing a clear higher low against the price's lower low.
A 755% precedent
The previous weekly divergence preceded a rally that multiplied bitcoin's price by more than seven and a half times. That move took months to unfold, but the end result was a 755% increase from the signal's appearance. No two markets repeat exactly, but a track record like that commands attention. The first divergence is often remembered as one of the most powerful long-term signals in crypto history. The 755% increase represents one of the largest percentage gains following any single technical signal in bitcoin's history. The move was not a straight line — it included pullbacks and consolidations — but the overall trajectory was decisively upward.
Approaching $90,000
Bitcoin is now pushing toward $90,000. The divergence suggests that the selling pressure behind recent pullbacks is fading. The first weekly divergence, from the FTX era, marked the beginning of a major bullish phase. This second occurrence is drawing obvious comparisons. The $90,000 level is the market's immediate test. If bitcoin can sustain above it, the signal gains weight. A failure to hold would put the pattern in question.
What to watch
Confirmation of a divergence is one thing; follow-through is another. The coming weeks will show whether this pattern lives up to its predecessor. For now, the technical picture has tilted in bitcoin's favor — but the market still needs to prove it. If bitcoin can confirm the signal with a sustained move above $90,000, the path may open for a longer-term rally reminiscent of the FTX-era pattern.
