- Bitcoin mirrors its 2017 breakout phase, signaling potential for explosive gains.
- Current trends echo the 2014–2017 bull cycle, showing strong structural similarity.
- A sustained breakout above $60K could push Bitcoin toward historic new highs.
Bitcoin has entered a critical phase resembling its 2017 rally, signaling potential for an upside. Analysts are closely watching this development, which mirrors historical bullish setups, particularly from 2014 to 2017.
Cyclical Price Action Reflects Historical Patterns
Bitcoin’s market behavior is showing similarities to its 2014-2017 cycle, where a breakout led to massive gains. Current price action from 2022 to 2025 displays structural similarities, including consolidation, breakout, and upward momentum. Key breakout points align with the 2017 bull market structure.
Source: Javon Marks
In the time frame above, Javon Marks offered insights into the crypto’s current setup, drawing comparisons to previous market cycles. According to Javon Marks, the current price behavior echoes the early stages of the 2017 run. He remarked that Bitcoin is currently in a similar phase, having bounced from support around $15,000. He observed that this bounce mirrors the 2015 price action, suggesting that Bitcoin could soon see a sharp rally.
Javon Marks emphasized that, similar to 2017, Bitcoin is poised to break out above key resistance levels. He also pointed out that if the breakout from the $60,000 range holds, Bitcoin could continue its rally toward new highs. The analyst projected that the cryptocurrency may eventually target $420,000 by 2025, following a pattern established in previous cycles.
Comparing the 2022–2025 Cycle with 2014–2017
Merlijn The Trader has shared additional observations on Bitcoin’s structural similarities between the 2022 and 2014 cycles. His analysis highlights that both cycles exhibit the same key characteristics: multiple rejections under descending trendlines, followed by a breakout and a surge in price. Merlijn The Trader identified that the cryptocurrency’s current setup is on track to repeat the same pattern of accelerating price action after breaking above resistance.
Source: Merlijn The Trader
In his deeper analysis he noted that both the 2022–2025 and 2014–2017 periods feature similar consolidation phases. Merlijn The Trader explained that after a prolonged correction, the cryptocurrency’s price starts forming tight compression patterns.
This compression sets the stage for a sharp upward move once the resistance is breached. He emphasized that the 2022–2025 price structure confirms a bullish trend, with the price projected to reach new all-time highs.