- Bitcoin enters Wyckoff’s trend continuation phase with strong support above $93K, reinforcing long-term bullish market sentiment.
- BTC price structure mirrors 2021 as higher lows and bullish moving averages signal momentum for further gains in 2025.
- Repeated Wyckoff cycles since 2022 suggest BTC’s current rally could persist before a projected late-2025 distribution phase.
Bitcoin’s multi-year cycle continues unfolding with precision as analysts highlight parallels to the classic Wyckoff market structure. The current trend suggests BTC has entered a new stage of trend continuation. This follows a recent price correction from its all-time high of over $110,000. As of April 23, 2025, Bitcoin trades at $93,743, holding firmly above key support levels. Analysts point to strong structural support, increased market maturity, and alignment with historical cycles as reasons for continued optimism.
Wyckoff Phases Reflect Repetitive Market Patterns
The Wyckoff cycle, outlined by Gert van Lagen, reflects four distinct market phases that have repeated since 2022. Each phase—accumulation, rapid movement, pre-tension, and continuation—formed the rhythm behind Bitcoin’s growth. The first bullish phase began with accumulation in late 2022 and evolved into a steep price rally in 2023.
By mid-2024, BTC reached new heights before entering another accumulation phase. Consequently, it experienced another breakout, leading into the current phase—Trend Continuation 2.4. This latest development builds on previous upward momentum and suggests a sustained bullish trajectory into 2025.
However, projections warn of a distribution phase by late 2025, possibly initiating a broader correction. A full cycle completion could extend into 2026, with the market testing significantly lower levels amid heightened volatility.
Market Action Mirrors 2021 Rally Structure
Rekt Capital’s analysis draws a compelling comparison to mid-2021 patterns. Bitcoin has repeated similar breakout and consolidation phases. During the current cycle, BTC recovered from a 2022 low near $16,000 and steadily climbed through key resistance levels.
The bullish alignment of moving averages throughout 2024 supported this trend. BTC surged past $70,000 early in the year and peaked above $110,000 by late 2024. While the price pulled back recently, key indicators show stabilization above critical support at $86,932.
Moreover, BTC maintained higher lows for over four years, underlining its long-term bullish structure. Blue circle markers show repeated bullish setups. Each setup mirrors previous uptrends, particularly the post-correction rebounds.
