Bitcoin’s price history continues to follow a repeating Three-Drive pattern, where each major bullish cycle spans approximately 35 months before reaching exhaustion. The timing is eerily precise—each peak has occurred around November or December, marking the end of a euphoric rally and the beginning of a painful correction.
In 2017, Bitcoin peaked at $20,893 in December before plunging into a deep correction. The 2021 cycle topped at $70,655 in November, triggering another sharp decline into the demand zone. Now, Drive 3 is unfolding, potentially leading to a cycle high around $250,179—right into a major supply zone. The confluence of trendlines and Fibonacci projections suggests that this could be the next critical turning point.
Will history repeat itself with another cycle-ending rejection, or will Bitcoin break free from this structured rhythm and enter price discovery beyond expectations? If the supply zone holds, a major pullback into the demand areas could be imminent. However, a confirmed breakout above this range could invalidate past trends and send Bitcoin into uncharted territory.
The market is at a defining moment, are we about to witness another historic Bitcoin peak, or the beginning of something far greater?
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