$BTC Bitcoin’s Long-Term Structure
Look at all 4 charts , to understand my thesis :
It’s becoming increasingly difficult to ignore the structure Bitcoin has been following since the very beginning of its history.
Looking at the chart, we can see that Bitcoin has been moving through a repeating zigzag structure. It first completes Phase 1, which is then followed by a structural reset. Historically, that reset came in the form of an extended bear market lasting around 1 year and 8 months. Rather than ending the trend, this bearish period laid the foundation for Phase 2, which developed in a very similar way to Phase 1.
This entire structure played out between 2010 and 2022.
Now, Bitcoin appears to be building the exact same long-term pattern once again. In my view, the market has completed only around 35% of this second repeating structure, meaning Phase 1 is likely finished.
If this interpretation is correct, the next logical step would be for Bitcoin to build another foundation through a longer bearish cycle—similar to what we saw during 2013-2017,That correction wouldn’t necessarily invalidate the long-term bullish trend. Instead, it would create the structural base needed before Phase 2 can begin, just as it did in the previous major cycle.
Markets rarely move in a straight line. They advance through cycles of expansion and reset, and so far, Bitcoin’s long-term history continues to respect that pattern.
Look at all 4 charts , to understand my thesis :
It’s becoming increasingly difficult to ignore the structure Bitcoin has been following since the very beginning of its history.
Looking at the chart, we can see that Bitcoin has been moving through a repeating zigzag structure. It first completes Phase 1, which is then followed by a structural reset. Historically, that reset came in the form of an extended bear market lasting around 1 year and 8 months. Rather than ending the trend, this bearish period laid the foundation for Phase 2, which developed in a very similar way to Phase 1.
This entire structure played out between 2010 and 2022.
Now, Bitcoin appears to be building the exact same long-term pattern once again. In my view, the market has completed only around 35% of this second repeating structure, meaning Phase 1 is likely finished.
If this interpretation is correct, the next logical step would be for Bitcoin to build another foundation through a longer bearish cycle—similar to what we saw during 2013-2017,That correction wouldn’t necessarily invalidate the long-term bullish trend. Instead, it would create the structural base needed before Phase 2 can begin, just as it did in the previous major cycle.
Markets rarely move in a straight line. They advance through cycles of expansion and reset, and so far, Bitcoin’s long-term history continues to respect that pattern.