bitcoin:native is starting to rhyme with the 2022 structure.

Not perfectly, but enough to respect it.
Price is bleeding inside a similar compression pattern, while RSI is breaking down the same way momentum collapsed before the final washout last cycle.
That does not mean copy-paste crash.
It means the market is entering the same emotional zone:
late longs tired, leverage weak, conviction getting tested.
The ugly part of 2022 was the breakdown.
The important part was what came after it.
Once leverage was cleared and sellers ran out of fuel, Bitcoin built the base for one of its strongest recoveries.
So I’m not watching this chart with panic.
I’m watching it for exhaustion.
If BTC loses this structure, pain can extend.
But if RSI starts bottoming while price stops making clean lower lows, that is
where the next real opportunity may begin.
#BTC bitcoin:native