Key takeaways<\/strong>:<\/p>\n Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats.<\/p>\n<\/li>\n Bulls see $104,000 support holding, with targets at $140,000 or higher.<\/p>\n<\/li>\n<\/ul>\n Bitcoin (BTC<\/a>) has dropped more than 12.75% from its record high above $124,500, splitting traders into two camps. <\/p>\n One sees it as a routine bull market correction, while others warn that a new bear cycle has begun. But which side has the better argument? <\/p>\n According to multiple analyses, Bitcoin could repeat the price trajectory that foreshadowed the 2021 market top.<\/p>\n Crypto analyst Reflection<\/a> points out that in 2021, BTC staged a sharp rally to record highs, followed by a blow-off top, a correction into mid-range support, and finally a failed retest of resistance. <\/p>\n That sequence of moves triggered a 50%-plus crash, sending Bitcoin from nearly $69,000 to around $32,000 in just weeks. <\/p>\n Bitcoin\u2019s 2025 structure is now echoing that same four-step process, with BTC hovering just below a similar distribution zone that marked the bearish reversal in 2021. <\/p>\n The cryptocurrency risks a similar rejection if the fractal holds. <\/p>\n Meanwhile, on the weekly chart, Bitcoin has broken below a rising wedge<\/a>, a bearish formation of higher highs and lows within narrowing trendlines. <\/p>\n The breakdown raises the risk of a decline to the $60,000\u2013$62,000 zone, which overlaps with the 200-week exponential moving average (200-week EMA; blue wave). Some analysts even predict the BTC price will drop toward $50,000<\/a>.<\/p>\n Notably, a similar wedge collapse in 2021 triggered a 55% correction down to the same 200-week EMA support.<\/p>\n Not everyone anticipates broader declines in the Bitcoin market, however. <\/p>\n Trader Jesse highlights<\/a> a cluster formed by BTC\u2019s 200-day simple and exponential moving averages serving as support during bull market dips, saying that the crypto may form a \u201cmid-term bottom\u201d there. <\/p>\n As of Friday, this EMA price floor was around the $104,000-106,000 area.<\/p>\n Related: <\/strong><\/em>Bitcoin must hit $104K to repeat past bull market dips: Research<\/strong><\/em><\/a><\/p>\n Analyst Bitbull says<\/a> that Bitcoin is still far from a true cycle top, pointing out that the US Business Cycle, a broad gauge of economic momentum, hasn\u2019t peaked yet, which usually happens before markets roll over. <\/p>\n With the Federal Reserve now cutting interest rates<\/a>, Bitbull believes crypto could still have another three to four months of upside before a potential \u201cblow-off top.\u201d<\/p>\n Signs of bullish continuation strengthen the case of Bitcoin rising to as high as $140,000, according to analyst Captain Faibik<\/a>.<\/p>\n He argues that the current dip is a \u201chealthy correction,\u201d with BTC retesting its 200-day moving average near $104,000 as potential support.<\/p>\n Faibik points to the emergence of a potential bull flag<\/a>. In this case, a decisive move above the $113,000 resistance zone could confirm the breakout, opening the door for a rally toward $140,000 in the months ahead.<\/p>\n Many analysts have predicted similar year-end targets<\/a> for Bitcoin in the past, with some even favoring macro BTC tops in the $150,000-200,000 range<\/a>.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/div>\n","protected":false},"excerpt":{"rendered":" Key takeaways: Bitcoin price charts from 2021 hint at a crash toward $60,000 if history repeats. Bulls see $104,000 support holding, with targets at $140,000 or higher. Bitcoin (BTC) has dropped more than 12.75% from its record high above $124,500, splitting traders into two camps. One sees it as a routine bull market correction, while […]<\/p>\n","protected":false},"author":2,"featured_media":376811,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-406383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=406383"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406383\/revisions"}],"predecessor-version":[{"id":406384,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/406383\/revisions\/406384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/376811"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=406383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=406383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=406383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
Bitcoin 2021 chart fractals hint at $60,000<\/h2>\n
Bitcoin may recover to over $124,500<\/h2>\n