@cargobond
Say it and run! 🙈
The current Bitcoin setup reminds me a lot of the 2021 cycle. I marked the similarity on the chart below.
Back then, BTC hit a peak of $65K in April, followed by a sharp correction down to $30K. Still, that didn’t stop a new all-time high in November. But right after that, the real “crypto winter” began, and a year later we saw BTC at just $15K.
Now? The recent peak was in January — around $109K. Then came a steep correction to $75K in April. Just like in 2021, that didn’t stop Bitcoin from hitting a new high in May — $112K. But now it’s starting to stall again. The bullish momentum seems to be fading.
Will history repeat? Back then, the new ATH was just a trap before a much deeper crash. Given today’s macro and market signals, that scenario might be more likely than it seems.
#Bitcoin #CryptoMarket #BTC #CryptoCycle #CryptoWinter #TechnicalAnalysis #CryptoNews #BullTrap #BTC2025
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