Bitcoin Price has now been strong once again and continued to rise after defeating $ 100,000 resistance. Since emotions have returned to positive areas for the last few days, it seems to be equal to the process of leading cryptocurrency process as a market cap. As this trend proceeds, crypto analysts explain that Bitcoin prices actually reflect the important fractal that led to the bull market for four years.
Bitcoin price fractal in 2020
In the TradingView post, Crypto analyst TradingShot explained that Bitcoin trends have been reflected since 2020 and the two fractals are moving similarly. Price behavior is especially the same as the accumulation and distribution is played in a similar way.
In the case of accumulation, Bitcoin saw the initial first stage play between May and August 2020. Similar accumulation progressed between March and September 2024. As with 2020, the accumulation of 2024 ended after an optimistic rally and the price of bitcoin ended from $ 70,000 to $ 100,000. This is similar to rally at $ 9,000 in 2020 to $ 12,000 or more.
After these two times, the price of bitcoin falls for several months and moves sideways. This took place in early 2025 in the same way as it appeared between August and October 2025. The second trend is now completed as in 2020, and as it continues, it can end with the escape of digital assets.
As a result, Bitcoin prices have now broke the pivot trend line that separates the distribution from the second trend. At the time of the crypto analyst’s post, the price of Bitcoin was in the re -testing stage and tested at $ 97,000. Since then, the price of bitcoin has broken this reinvestment area and has resulted in an increase in the trend.
The 50 -day moving average of $ 97,100 continues to support cryptocurrency, which is what Bulls must hold to continue the price rally. Analysts explained that as long as this level is maintained, the price of bitcoin can be seen similar to what is seen between October 2020 and April 2021. TradingShot also points out that the RSI sequence is the same, suggesting that cryptocurrency can completely follow this trend.
If this fractal is played as before, the goal of the bitcoin price is set to $ 150,000. Other macro development, such as the Fed, chose to keep interest rates the same and not raise it.
