Bitcoin's Price Action Mirrors 2017 – Sub-$80K Levels Could Spark the Next Breakout

The year 2017 was Bitcoin's breakout moment – a historic run that saw the top crypto rocket to nearly $20,000

Year 2017 was the year of Bitcoin’s breakout moment – a historic run that saw the top crypto rocket to nearly $20,000, cementing its reputation and triggering a flood of mainstream attention.

Now in 2025, chart watchers and analysts are beginning to spot something familiar. Patterns from that legendary run are starting to resurface, and many believe another explosive move could be in the making. A new coin called BTC Bull Token ($BTCBULL) is ready to seize the moment.

While the weekend selloff saw Bitcoin slip to $74,000, for seasoned bulls, it’s more of an entry point.

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If you’re looking to maximize your entry, this is the moment to move.

Bitcoin’s Price Action Mirrors 2015-2016 Ahead of 2017 Breakout

The market remains pressured as traders continue to digest the fallout from President Donald Trump’s Liberation Day, with global risk assets still reeling.

U.S. stock futures plunged on Sunday evening, with Dow Jones futures pointing to an 800-point drop at Monday’s open. The S&P 500 and Nasdaq also took hits, reflecting mounting concern over the economic impact of the incoming tariff regime.

Bitcoin wasn’t spared either – dropping hard over the weekend before rebounding slightly to $75,842 at the time of writing.

But for seasoned bulls, it’s a chance to reload at a discount.

One notable market voice, Merlijn The Trader, took to X to suggest that current price action mirrors Bitcoin’s behavior between 2015 and 2016. Back then, BTC ranged between $200 and $1,000, consolidating for 852 days before its legendary 2017 breakout – when it surged from $1,000 to $19,834 in a parabolic run at the end of that bull cycle.

According to Merlijn’s chart, we may be nearing a similar 852-day inflection point, hinting that Bitcoin could be setting up for another major move.

According to the trader, current price action mirrors Bitcoin’s behavior between 2015 and 2016. Back then, BTC ranged between $200 and $1,000, consolidating for 852 days before its legendary 2017 breakout – when it surged from $1,000 to $19,834 in a parabolic run at the end of that bull cycle.

According to Merlijn’s chart, we may be nearing a similar 852-day inflection point, hinting that Bitcoin could be setting up for another major move.

His post may have come on April 2 and lacked an exact catalyst – but one thing is clear: Bitcoin at its current level is hard to ignore.

And it’s not just Bitcoin that stands to benefit. One project – BTC Bull Token – is designed to amplify Bitcoin’s upside, unlocking real utility and BTC rewards with every price milestone hit.

For early adopters, $BTCBULL also brings capital gain potential as its demand grows in parallel with Bitcoin’s climb.

What Sets This Current Cycle Apart from 2017?

One reason bulls aren’t panicking right now – like X user Vivek, who doesn’t seem fazed by Bitcoin dipping below $80,000 – and are continuing their buying spree is because Bitcoin has historically endured drawdowns of 75% to 80% between cycles.

Case in point: after hitting $69,000 in November 2021, Bitcoin fell roughly 75% over the following year before reclaiming new highs in 2024. Before that, the 2017 cycle topped around $19,800 – only to drop by 80% into the 2018 bottom.

Now with Bitcoin’s 2025 peak at $110,000 and a