Bitcoin loves to rhyme with history.

We’ve watched this storyline play out before.

In 2018, price pulled back to the prior cycle’s all-time high, then reversed upward.

In 2022, BTC ran the 2017 high, dipped below it, and formed the macro bottom.

And now?

Price just wicked beneath the 2021 high.

Liquidity grabbed. Fear kicked in. Weak hands shaken out.

Market structure is starting to mirror past cycles once again. If equities find their footing, this is typically the zone where relief rallies begin.

When the crowd shouts “breakdown,” history quietly hints at opportunity.$BTC

BTC

70,756.22

+0.19%