Bitcoin is showing a price structure very similar to the 2021 macro top, where BTC formed a dead-cat bounce from the 100 EMA before beginning a major correction.
On the current cycle, BTC is once again testing the 100 EMA, and the price reaction looks very similar to the 2021 pattern: a brief bounce followed by continued downside pressure.
Key Points:
- 2021 Pattern: BTC bounced from the 100 EMA before the macro crash.
- 2025 Price Action: Showing a similar bounce and reject structure at the same weekly EMA.
- Major Weekly Resistance: Market showing exhaustion and lower-high structure, just like previous cycle tops.
- Potential Dead-Cat Bounce: We could see a bounce toward the $100K–$107K zone before the downtrend continues.
- Possible Repeat Scenario: If BTC fails to hold above the 100 EMA, history suggests a deeper correction may follow.
Cheers
Hexa
On the current cycle, BTC is once again testing the 100 EMA, and the price reaction looks very similar to the 2021 pattern: a brief bounce followed by continued downside pressure.
Key Points:
- 2021 Pattern: BTC bounced from the 100 EMA before the macro crash.
- 2025 Price Action: Showing a similar bounce and reject structure at the same weekly EMA.
- Major Weekly Resistance: Market showing exhaustion and lower-high structure, just like previous cycle tops.
- Potential Dead-Cat Bounce: We could see a bounce toward the $100K–$107K zone before the downtrend continues.
- Possible Repeat Scenario: If BTC fails to hold above the 100 EMA, history suggests a deeper correction may follow.
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.
