As Bitcoin reaches for new heights, technical analysts are spotting a hauntingly familiar pattern. A comparison between the 2021 bull run and the current 2025-2026 price action suggests that the market might be approaching a major local top, often referred to as a "Double Top" fractal.
The Historical Parallel
The chart highlights a striking similarity between two cycles:
The 2021 Precedent: In 2021, Bitcoin formed two distinct peaks (Top 1 and Top 2) before entering a brutal bear market in 2022. Each time it hit the upper resistance of its ascending channel, a sharp reversal followed.
The 2025 Reality: Currently, Bitcoin appears to have completed its "Top 2" near the upper boundary of its long-term trendline. Historically, failing to break above this resistance has led to significant liquidations.
The $100k Support Zone
The dotted horizontal line at $95,000 serves as the "neckline" for this pattern. According to the chart, as long as Bitcoin stays above this level, the bullish momentum remains. However, a decisive break below this support could trigger a "panic sell" phase, similar to the crash seen in late 2021.
The 2026 Outlook: A Return to Basics?
The most striking feature of this analysis is the projected vertical drop moving into 2026. The chart predicts a potential correction that could take Bitcoin back toward the $30,000–$40,000 range to test the long-term support floor.
Final Verdict
While "past performance is not indicative of future results," crypto markets often move in cycles driven by human psychology and liquidity. For investors, this chart serves as a reminder to practice risk management and watch the $95,000 level closely.
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