Bitcoin has done this before. Almost exactly.


Two full Bitcoin cycles mapped side by side. Eight structural pivot points. Nearly identical sequence.
What stands out is the compression. Cycle 1 ran 2,200% and dropped 77%. Cycle 2 delivered 620% and is currently down 50% from its peak. The upside shrunk. So did the downside. That is what happens when an asset matures and deeper capital enters the market.
If the structural analogy holds, point 8 corresponds to the same exhaustion zone that marked the 2022 bottom. Mapping the proportional drawdown from this cycle's peak suggests a likely bottom somewhere in the $54,000 to $55,000 range before the next leg up begins. Weekly RSI in the high 30s to low 40s is consistent with where capitulation phases have historically resolved.
The pattern has played out once already. Now it is playing out again.
BTC-7.25%
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