22 September 2025
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Bitcoin according to data on the TradingView platform is forming patterns very similar to what was seen earlier this year. Back then, the price reached a double top, followed by a ABC correction and a drop of about 32%. The question now is whether we are close to a similar correction or just a consolidation before the next rise.
Bitcoin and parallel with the first quarter
If Bitcoin falls again by approximately 30% from the maximum, it would mean a drop to around 85,000 dollars. That is deep enough for the market to be under strong pressure. However, it should be noted that according to Glassnode data, in previous bullish cycles, 30% corrections occurred quite frequently and never automatically indicated the end of the trend.
Compared to corrections in previous cycles, it is clear that the current bullish cycle is the least profitable in percentage terms. At the same time, it is the most stable because it contains the mildest corrections. This may indicate a more mature market and the gradual consolidation of Bitcoin as an established asset.
Where to trade Bitcoin?
You can trade Bitcoin on the Binance platform, which offers a simple interface, low fees, and high security. It allows buying and selling Bitcoin for euros or other cryptocurrencies. Suitable for both beginners and experienced traders, it provides support and fast transactions.
Key is the last minimum
The key will be whether the price holds the minimum formed on September 1st at 102,300 dollars. If Bitcoin holds this minimum, the market may continue sideways and then move up again. However, if the price falls below this level, a correction of around 30% could become realistic.
It is also necessary to observe behavior after the double top to see if the correction is confirmed. According to analysis on TradingView, there are still scenarios indicating a possible drop to the same level as the 30% correction, but there are also optimistic variants where Bitcoin could consolidate or rise further.
- Important note: Although there are currently significant parallels with the first quarter, there is no certainty. History shows that even significant drops, such as 30%, were part of growth rather than its end. Whether the scenario will repeat depends mainly on support around 102,300 dollars. However, never rely on the past. Profits are never guaranteed.
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