Bitcoin Breaks Out

Written by Louis Sykes, Senior Crypto Analyst at All Star Charts in partnership with Spot Trading.

Bitcoin just punched through its previous all-time highs.

That’s what we call a breakout — when price pushes above a major resistance level, often after a period of consolidation or hesitation. It’s not just a line on a chart. It’s a shift in behavior.

And breakouts matter. A lot.

Because they show demand overwhelming supply. They tell us the path of least resistance is now higher. And most importantly, they create momentum — new flows, new attention, and often, new all-time highs stacked on top of each other.

Here's the chart:

This isn’t just any move. It’s a psychological milestone.

Why?

Because all-time highs reset the game. Everyone who bought is now in profit.

There's no overhead resistance. No bagholders waiting to sell.

Just open air above.

Spot Trading Gets You In Before They Do

Breakouts like this are invitations.

Not certainties — but windows. When Bitcoin moves like this, it drags attention, capital, and momentum into the broader space.

That’s when opportunities expand — especially in altcoins and narratives that haven’t moved yet.

You don’t need to chase Bitcoin. But you do need to be watching what moves next.

Spot Trading gives you access to exactly that — coins, sectors, and trends that haven’t broken out yet, but might be next.

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From $2M to $115M:

The $moonpig Trade That Printed $300K in 2 Weeks

Two weeks ago, I called $moonpig at a $2.39M market cap. 

Today, it hit a $1M all-time high.

That’s a +38.7x move — and I was fortunate to personally net $300,000 on this one trade. Disclosure: I still hold 50% of what I bought.

If you’ve been using Spot, you saw the buy go out live as a push notification. If you’re in the Spot Alpha Telegram channel, you saw the full context behind it — why I bought it, what I was watching, and when I planned to sell.

We built Spot for exactly this reason:

Find and buy early, high-upside tokens — before the crowd. On any network, memes or DeFi. 

No gas. No bridging. No BS.

Whether it's a meme that launched 10 seconds ago or a legit project printing real revenue on-chain, Spot makes it easy to trade it all in one place — with the lowest fees in the game.

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Social is Everything

$moonpig won’t be the last 10x you see on Spot.

And in the spirit of making sure you never miss a call, this week we released the first step in our journey to being a social first trading experience. Browse the trading feed to view trades posted by other users, including entry price and market cap, live PnL and most importantly - detailed thesis and time horizon and sentiment tags.

This is an evolution of the push notifications built on my trades - so you can now see the why behind the what - and get in early to the next $moonpig.

In the next couple of weeks we will be adding user profiles and the ability to follow who you want so you can get notifications from the traders you trust. 

If you want to be an early user of these features - and help shape the future of Spot, reach out to support now.