BTC's 2021 Playbook is Back Are You Ready for the Final Rally?

11 327
History doesn't repeat itself, but it often rhymes. And right now, Bitcoin is composing a symphony we've heard before, one that ended in a PARABOLIC EXPLOSION.
We're looking at a potential BEARISH CRAB PATTERN on the daily chart, and it's a near perfect mirror of the 2017-2021 prototype that launched us to the last cycle top. Buckle up.

The Simple Breakdown:
1. THE ACTIVATION TRIGGER: A daily close ABOVE $124,545. This is the launch button.
2. THE BUY THE DIP ZONE: $118k to $120k. Any dip here could be a gift before the rip.
3. THE FAIL SAFE: A daily close BELOW $107k invalidates the setup. This is our line in the sand.

THE TARGETS:
1. Minimum Target: $136,576
2. Extended Target: $147,700-$160k

The Ghost of Cycles Past (Right Chart):
Look at the 2017-2021 prototype. The C to D leg wasn't just a rally; it was a BLOW OFF TOP of historic proportions. It delivered the targets and then some before exhaustion set in.

The current structure is screaming that we could be at the same inflection point.

This isn't just another pattern. This is a cyclical blueprint suggesting Bitcoin is gearing up for the FINAL, EXPLOSIVE LEG of this cycle.

If this Crab confirms, we are targeting the $136K to $147K+ zone as the potential cycle peak. This is where liquidity floods in and volatility goes vertical.

A Word of Caution:
Always trade with a plan. The invalidation level at $107K is crucial. A break below there means the setup is broken, and we must re-assess.

The takeaway? All eyes on the $124.5K breakout. This could be the start of the grand finale.
Note
Do not be surprised, everything has been pre-programmed, only the smart people with special mindset can decode it.
BTC ULTIMATUM: True Top Reached, Blow-Off Phase About to Explode
Trade active
It's not going to be easy ride for BULL to blow off the top, so lot of rejection are expected, immediate support zone remain $120k-118k

snapshot
Note
Making the move here to call for reversal was one of the most craziest thing have done.🔥🔥
BTC at a Critical Juncture Bulls Defending major zone


Same as when I called the reversal then during COVID 19 and same thing in Novemver 2022 and finally during the last crash in August 2024. It has been a great success all the way.

COVID 19 Reversal in 2020:
Bitcoin: All hope not lost yet.


Novemver 2022:
Bitcoin expectation in 2022.

POTENTIAL BITCOIN LIFECYCLE


last crash in August 2024:
Bitcoin Bullish Perspective Amidst Range-Bound Trading


Then talking about cycles

Deciphering Bitcoin's Cyclical Trends & Phases


Bitcoin massive bullrun incoming!!!


Bitcoin Cycle Top Analysis: A Historical Perspective


Talking about fractals
BTC Retests Key Support zone – Will History Repeat Itself?


Bitcoin’s Explosive Move are We Entering the Final Drive?


Bitcoin Market Outlook: Rounding Bottom targets in focus
Trade closed manually
A strong journey continues as Bitcoin approaches the key supply zone near 126K. Price may consolidate here briefly before the next leg up. However, if BTC forms a potential wave C, our earlier projection of a dip toward the 120K–121K region could still play out before another rally resumes.

The confirmation trigger for this scenario is a daily close below $122,500. While invalidator for wave C is close of price above the current ATH.

🔔 Be on the watch for our next comprehensive Bitcoin analysis as we close this thread.

snapshot
Note
Latest update on BTC

BITCOIN ENDING DIAGONAL: $160K OR $120K? (1HR CRITICAL UPDATE)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.