The price of Bitcoin dropped to $105,235 today, a decrease of 1.5% in the last 24 hours and 4.2% in the last week. Some market observers see this drop as a pause before a significant move. According to their charts, $BTC may be preparing for another sharp gain.
Historical Patterns Point to Recovery. Based on reports from the analyst known as 'Mister Crypto', round bottom formations and ascending triangles marked all major rallies of $BTC . In 2013, when Bitcoin was trading below $10, it spent months in a soft, curved base before breaking out and rising above $1,000. A similar pattern appeared in 2017. After nearly three years of sideways action, the price finally exploded towards $20,000. The last cycle in 2021 also followed the same script, with nearly four years building a broad base before shooting up to nearly $70,000. Mister Crypto's chart suggests that the period after 2021 formed another base. If history repeats itself, his forecast points to a breakout in 2025 that could take Bitcoin up to $900,000—a 760% increase from the current level.
Analyst Reaccumulation Charts. According to charts shared by another analyst, Bitcoin often moves in stages. First, there is an initial 'leg up' that signals the shift from deep accumulation to a rising bullish trend. Then, the price stabilizes in a lateral 'reaccumulation' phase before the final run. From 2019 to 2021, Bitcoin closely followed this path. Analysts note that from late 2023 to mid-2025, Bitcoin appears to be in the same reaccumulation phase. If this unfolds as in past cycles, the next major high could push Bitcoin into the $270,000–$350,000 range before any parabolic peak comes into play.
Long-Term Holders Continue Adding Coins. On-chain data shows that long-term holders (addresses that have not moved their coins in more than 155 days) continue to accumulate. Between March 3 and May 25, 2025, these holders increased their total supply by nearly 1.40 million BTC. This raised long-term holdings from 14,354,000 BTC to 15,739,400 BTC. In previous bull markets—like those of 2013, 2017, and 2021—long-term holders often sold during rallies to secure profit. Today, however, they seem content to hold. If large amounts of Bitcoin remain off exchanges, fewer coins will be available for new buyers. This could tighten supply and make sharp moves more likely once demand increases.
Looking to the Future in an Uncertain Market. $BTC has lost momentum recently, but many analysts believe that these declines will not last. In the $105K region, the price is below last week's levels. Based on reports, some see this as healthy consolidation before a larger run. Others warn that global interest rates, regulation, and macroeconomic factors could slow things down.
