Bitcoin - Find the beauty in repetition

I find it kinda funny that everyone was comparing 2021 to 2017 until Bitcoin pulled a curveball and all the sudden panic started to settle. I am, however, interested if Bitcoin in 2021 actually resembles Bitcoin from 2019/20. Because let's face it 2021 has been an accummulation year for BTC, a completely sideways-moving price action, basically ranging betwen 30k - 60k, just like 2019 and most of 2020 when the range was 4k - 10k.

The move we are currently experiencing could be a carbon copy of the 2019/20 seven-point move, where each point indicates the following:

1 - Local top
2- Capitulation below 20WMA
3 - Relief rally
4 - Test of the 20WMA
5 - Rejection of the local top/Double top
6 - Final retest of MAs and bull market confirmation
7 - Breakout to price discovery

Bitcoin is currently in what I like to call "the scissors area" between 2 important support/resistance lines, which could be a somewhat confusing zone to market participants, it is a kind of no-mans-land position, where this is neither a bull, nor a bear phase. My view is that if BTC reaches point 7 again, this will be the breakout of the 30k-60k range and place it on the road to six figures.

Bitcoin is still holding a macro level upwards sloping trendline since March '20 and it is very possible to hold it in the next week I think, despite a slight drop below it.

Another interesting thing to notice is that PA is holding support on the sloping trendline in the RSI, which it also did last, although on a different stage of this move. Nevertheless the similarities are fascinating to observe.

Thanks for reading, do your own research, and happy holidays!