- Bitcoin trades at $114,616, showing a 1.36% daily rise and repeating its well-documented cycle of range, breakdown, and recovery.
- Daan Crypto Trades outlines Bitcoin’s recurring cycle of upward moves, stalled ranges, failed breakouts, breakdowns, and eventual retakes fueling higher expansions.
- The playbook has repeated six times in 30 months, with traders monitoring support sweeps and retakes as markers of continued expansion.
Bitcoin (BTC) trades at $114,616 as of writing, posting a 1.36% daily rise despite a 7.17% decline in the past week. Analysts are observing whether the market will repeat its familiar cycle of range, breakdown, and retake that has shaped past expansions.
A Cycle Defined by Range and Breakdown
For nearly three years, Bitcoin’s price movements have followed a consistent sequence during each bullish cycle. Crypto analyst Daan Crypto Trades explained that the pattern typically begins with a strong upward move before momentum slows and a trading range is established.
In this phase, Bitcoin often attempts a breakout that fails, sending the asset back into consolidation. This leads to a sweep of support levels and deviations that test market strength before recovery attempts are made.
The trader emphasized that without a successful retake of the range after breakdowns, the broader upward trend could shift to a weaker direction.
Sentiment and the Retake Factor
Market sentiment tends to deteriorate when Bitcoin breaks below its established ranges. Daan Crypto Trades noted that pessimism usually dominates at this stage, even though the pattern has repeatedly resolved higher in the past.
Price action history shows that the retake of lost ground becomes the key trigger for further expansion. Each time, the recovery process has reignited momentum and extended the cycle to new levels.
Waiting for this retake has been considered a disciplined approach by traders who seek confirmation before positioning for the next move. This structure has guided analysis through multiple repeating phases.
Six Repetitions in Two and a Half Years
The outlined cycle of advance, stall, breakdown, and retake has played out six times in the past 30 months. Each phase demonstrated the same steps, creating a recognizable sequence that continues to influence trading strategies.
This repetition has provided a framework for market participants to assess short-term weakness against long-term cyclical behavior. Observers continue to track whether the current breakdown will again transition into a recovery.
As BTC trades within its range, the focus remains on whether history will once more confirm the retake as the trigger for expansion.
