Bitcoin once again demonstrates market patterns similar to 2017 and 2020, forming a "Cup and Handle" amidst expectations of a price increase.
Repeating Market Cycles and Historical Trends
Bitcoin shows a consistent cyclical pattern, where price corrections are followed by accumulation phases and subsequent breakouts. The 2017 cycle saw a deep market downturn before a slow recovery led to major uptrend. In 2020, a similar pattern emerged when the COVID crash briefly disrupted the market before Bitcoin reached new all-time highs. According to a chart shared by the analyst el_crypto_prof, a similar structure is forming in 2025. A breakout has already occurred, and Bitcoin is now testing previous resistance as support. The rising trendline suggests that the long-term uptrend remains intact. If this structure holds, history could repeat itself with another surge toward higher price levels.
Technical Indicators and Market Sentiment
Key technical levels suggest Bitcoin's price is at a crucial juncture. The black resistance line from previous cycles has now turned into support, a bullish confirmation if it holds. The yellow-highlighted "retest" areas in the chart represent moments when Bitcoin has historically confirmed support before experiencing major rallies. Crypto analyst CryptoCon notes that Bitcoin has returned to critically low RSI Bollinger Band% levels, a zone where it does not remain for long. Historical comparisons show that Bitcoin's current structure closely mirrors March 2017, a period that preceded a prolonged bull run. According to the analysis, the cycle top may still be several months away, reinforcing the idea that Bitcoin could experience further price appreciation.
Future Scenarios and Market Outlook
Given the prevailing market structure, two potential outcomes emerge. New all-time highs for Bitcoin are likely if the cryptocurrency maintains positions above its blue trendline. The past cycle patterns indicate Bitcoin will maintain its sustainable growth path as predicted by this trajectory. On the other hand, if Bitcoin fails to maintain support at its retest zone, a temporary price decline could follow. This scenario would delay but not necessarily invalidate the current cycle. Market participants remain divided, with some anticipating further corrections, while others see strong fundamental support for continued growth. The historical record of Bitcoin's adherence to structured price cycles strengthens the case for an upcoming bullish trend. Analysts state that the upcoming price movement will resemble past years based on the current trendline pattern.
The analysis of Bitcoin's market cycles shows parallels to previous years, potentially leading to a new phase of price growth. Despite possible temporary corrections, the core structure of the asset suggests continued upward momentum.
