Bitcoin Pattern From 2022 That Led To Crash To $20,000 Reappears
Bitcoin (BTC) is mirroring the same setup from its 2022 bull cycle, which led to an enormous worth crash to $20,000. According to market knowledgeable Crypto Bullet, this recurring construction might sign one other main correction for BTC forward. However, this time the main cryptocurrency might quit virtually 1 / 4 of its present worth.
2022 Bitcoin Chart Pattern Signals Over 20% Crash
In his technical evaluation released on X, Crypto Bullet revealed that Bitcoin is at present repeating a 2022 construction that would result in a greater than 20% decline in its worth. To help his bearish outlook, the analyst offered a parallel chart evaluating Bitcoin’s worth motion from 2023-2022 and 2025-2026, highlighting comparable technical patterns, worth habits, and Moving Averages (MA).
During the 2022 cycle, Bitcoin skilled the same sample, starting with a check of the 100-day Moving Average (MA100), highlighted because the blue trendline on the chart. After going through rejection at that stage, the worth pulled again to a close-by help zone inside a rising channel. From there, BTC staged a pointy rally, surging to recent highs round $48,500, the place it aligned with the 200-day Moving Average (MA200), marked in orange.
However, the restoration proved short-lived. Bitcoin quickly reversed course and did not reclaim the MA200 as help. Once the cryptocurrency’s worth construction was misplaced, downside momentum accelerated, pushing the worth right into a a lot deeper correction towards the $20,000 stage.
According to Crypto Bullet, Bitcoin is repeating this actual sample in 2026. It has already retested the MA100, gotten rejected, and moved decrease right into a help zone inside the same ascending channel. The chart additionally confirmed that in each cycles, BTC reached a “market cycle prime,” first round December 2023 after which once more in November 2025, earlier than breaking down and getting into a consolidation phase.
Given how carefully Bitcoin is mirroring its 2022 setup, Crypto Bullet has forecast one other dramatic price crash, predicting a greater than 23.5% drop from its present worth close to $89,500 to $68,450. Before this decline occurs, the analyst expects BTC to experience a short-term recovery, probably climbing again above the $100,000 psychological stage to succeed in $102,000.
Bitcoin Could Still Rally To $92,000
Crypto analyst Tyrex has stated that Bitcoin has been consolidating for the previous 48 hours, with worth holding above $89,000 for many of that interval. Despite the muted price action, he believes that BTC might quickly rally to $92,000. The analyst additionally famous that the broader market is in a state of fear, with many merchants anticipating additional declines in Bitcoin.
However, the analyst cautions that this anticipated drop could also be a entice. He factors out that an ascending channel is forming on Bitcoin’s chart, prompting him to undertake a extra bullish outlook regardless of the prevailing bearish sentiment and sideways worth motion.
Featured picture from Unsplash, chart from TradingView
