“The bitcoin price schedule reproduces the November 2021 model, when the asset reached a $ 69,000 historic maximum. The trader shared by the Nabraskangooner pseudonym. #Bitcoin has anyone else noticed that topping price action in 2021 look exactly the Same as Current Price Action ?? Top Goon X Also Gave A Sell Approaching Alert at the […]”, – WRITE: Businessua.com.ua
Bitcoin price graph reproduces the November 2021 model when the asset reached a $ 69,000 historic maximum. This observation was shared by a trader under Nibraskangooner.
#Bitcoin
HAS Anyone Else Noticed That Topping Price Action in 2021 Looks Exactly The Same As Current Price Action ??
Top Goon X ALSO GAE ALL APPRAaching Alert at the Same Spot and We’re Hitting The Exact Same Fibonacci Resistance. 😱 pic.twitter.com/46tumqnvqh
– Nebraskangooner (@nebraskangooner) August 14 2025
According to Nebraskangooner, the current dynamics of the price “looks the same” as during the formation of the top in 2021. The trader drew attention to the schedule with the Double Verkhnaya Pattern, which is considered a bear signal.
The Benjamin Couen analyst has confirmed this observation.
Admittedly, there is a Lot going on with this chart.
But if you look carefully at it, you’ll see that #bitcoin prints the same pattern each post-halving year.
Up in july-aug
Down in Sep
Up Into The Market Cycle Top in Q4
Bear Market pic.twitter.com/k2vmxw0vjx– Benjamin Cowen (@intocryptoverse) 11 August 2025
He suggested that bitcoin adheres to the same scenario annually after Halming: growth in July-August, fall in September, exit to the peak of the cycle in the fourth quarter and a further bear market.
At the same time, the trader under the nickname Kale Abe noted that the technical analysis does not take into account current fundamental factors – for example, increasing demand from companies that buy cryptocurrency in reserves.
We’ve Seen Bitcoin Pull Back and or Go Sideways Before and Altcoins Have Ran. SO BOTH THINS CAN BE TRUE. Really Just Wrtho Noting The Key Resistance That Btc Is At Right Now As We’ve Been Monitoring This Level for MONTHS NOW BEFORE WE EVEN HETHE AND IT’S SHOWED IMPORTANCE NOW NOW NOW
– Nebraskangooner (@nebraskangooner) August 14 2025
He is convinced that bitcoin will not go into a bear trend against the backdrop of expected infusions at Ethereum worth $ 25 billion.
In response, Nebraskangooner recalled that altcoins are able to grow as the first cryptocurrency is adjusted or moved in a side trend. As an example, he mentioned a multi -billion strategy purchases that did not prevent the fall in price of up to $ 16,000. In his opinion, the arrival of “big money” does not guarantee growth.
Nebraskangooner stressed that its main goal is to draw attention to the key level of resistance that bitcoin is testing now.
At the time of writing, the first cryptocurrency is traded at $ 119,010. Over the last day, the asset fell by 2.3%, according to Coingcko.
Recall that the founder of Capriole Investments Charles Edwards estimated the fair value of digital gold at $ 167 800.
Earlier, the analyst and founder MN Trading Michael Van de Poppe warned of a possible bitcoin correction below $ 117,000.
The gun
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