Here's what happened when Bitcoin punched toward $100,000 last month only to get slapped back down in a matter of days.
Traders who chased the breakout are sitting on losses now, stuck deciding whether to average down or admit they bought the local top. That FOMO-into-the-highs then freeze-on-the-dip pattern has wrecked more accounts than any single rug pull.
This setup looks a lot like late 2020, when
$BTC first flirted with old highs, dumped 18 percent, then spent months grinding higher while everyone called it dead. Exchange outflows hit 12,000 coins last week, the same kind of quiet accumulation we saw before the 2021 run.
$ETH did something similar in that cycle, lagging the first move then catching up later, while
$SOL exploded faster but faded harder on the way down.
The current pullback has RSI sitting at 48, not the overbought 80s that marked previous cycle tops. History does not repeat exactly, but the 2016 post-halving pattern of a slow six-to-twelve-month climb feels closer than a sudden moonshot.
Where do you think
$BTC goes from here?
#Bitcoin #BTCPriceAnalysis #CryptoMarket