- Bitcoin is repeating old patterns as global conflict fears and past market events shape investor confidence and price movement in 2025.
- Strong institutional interest and clearer rules in 2024 pushed Bitcoin past $105K, building trust and fueling long-term momentum.
- From the FTX crash to war fears, external shocks continue to guide Bitcoin’s journey, proving how tightly crypto links to world events.
According to Merlijn The Trader, Bitcoin is following a familiar script in 2025 as its price patterns mirror past movements. The cryptocurrency is currently trading at $108,065, a 0.29% increase. This decline follows a rejection at key resistance, triggering parallels to previous cycles. The analyst points to similar setups seen during the 2022 crash and the 2024 Yen carry trade phase. Now, fears of a global conflict are shaping price momentum. Bitcoin’s behavior suggests history is repeating itself, with external triggers steering its next leg.
Source: Merlijn The Trader
Bitcoin suffered a setback with the fall of FTX in late 2022. Investors were shocked when prices dropped from $69,000 to about $15,600. But in early 2023, recuperation started to pick up speed. The market had a string of higher lows as confidence was restored. Furthermore, Bitcoin showed indications of strength by breaking $30,000 by the middle of 2023.
Institutional Influence Grew in 2024
The Yen carry trade in 2024 brought global volatility. Consequently, Bitcoin gained fresh attention from institutions seeking alternative assets. Price surged past $69,000, reaching new all-time highs above $105,000. Regulatory clarity in key markets also fueled momentum. Hence, the rally was not just speculative—it was supported by market shifts.
Additionally, the rise came with sharp volume spikes and strong technical setups. Support formed near $100,000, becoming a psychological level. Resistance zones emerged around $109,000 and beyond. Traders actively responded to price patterns and macro events, creating visible trading ranges.
Geopolitical Risks and Tariffs Add Pressure
Besides economic factors, rising geopolitical risks are shaping investor behavior. References to World War III fears now appear. Investors have begun favoring Bitcoin as a digital safe haven.
Trade wars and tariffs also played a role. Major economies clashed, creating uncertainty across global markets. Bitcoin often moved in tandem with investor reaction to these headlines. Hence, crypto became a reflection of economic sentiment.