Bitcoin Analysis: Potential Retracement to $67K 📉

Analyzing BTC's current trajectory reveals some striking similarities to the 2021 market cycle. Back then, BTC peaked around $69K, subsequently forming a double top pattern. This setup, where price reaches a similar high twice before reversing, preceded an approximate 80% drop to $15K. 🔍

The $15K level then transitioned from a resistance zone to robust support. This critical support flip was pivotal, marking the starting point for a significant rally that followed. Understanding such historical shifts is key for future projections.

Looking ahead, a comparable scenario could be unfolding. A projected top around $125K in 2025 is being discussed, with a potential double top pattern forming at that level. A key neckline rejection appears to be concluding, indicating a potential shift. 📈

This technical setup suggests a potential retracement towards the $67K area. This zone is identified as a major support flip, where prior resistance could transform into strong support, potentially serving as a launchpad for the anticipated 2026 bull run. 🚀

Given these recurring patterns, traders might consider strategies aligned with a potential short-term downward movement. History often rhymes, and recognizing these structures can inform position-stacking decisions. 💡

**Disclaimer:** This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. Crypto markets are highly volatile. ⚠️

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