Crypto Potato 2026-05-01 07:59:54

Bitcoin Structure Mirrors 2022 Bottom – But There’s a Big Catch

On-chain data and technical analysis provided by popular analyst Ali Martinez show that bitcoin’s current price structure is mimicking the 2022 bottoming cycle, which is both good and bad for the asset. The negative part also comes from the behavior of whales, who have been sending BTC to exchanges en masse lately. BTC 2026 vs 2022 The 2022 bear market was quite brutal, propelled mostly by the adverse developments within the cryptocurrency industry, including the collapses of Terra and FTX and the subsequent fallout for many linked entities. BTC plunged from the then-all-time high of almost $70,000 to under $16,000 in a year. Martinez outlined several similarities between the price moves at the time and the cryptocurrency’s current setup. More precisely, he believes there could be another major rejection, as it happened when BTC tapped $25,000 in August/September 2022 before it was driven south to the aforementioned low. If his chart is to mimic the 2022 scenario, bitcoin could find itself dumping below $55,000 after getting rejected at around $80,000-$82,000. Bitcoin $BTC is showing similarities to its 2022 bottoming structure. If this holds, we could see another push higher before a final leg down. pic.twitter.com/D1u55JxfZ0 — Ali Charts (@alicharts) May 1, 2026 This key resistance level is also reinforced by significant sell walls from whales at $79,000-$80,000, as mentioned by CW. Recall that BTC was stopped on a couple of occasions at $79,500 in the past few weeks, and each retracement pushed it south by several grand. BTC to Exchanges The second major catch, as hinted at above, that could hinder the asset’s progress has been the recent behaviors of large investors. Further data from Martinez revealed that more than 10,000 BTC have been sent to centralized exchanges by these market participants, worth $770 million at today’s prices, which is typically a pre-sale step. In the meantime, another analyst, Crypto Tony, believes bitcoin’s minor rebound to $77,600 over the past 12 hours will result in another rejection. On the positive side, the cryptocurrency ended April with the most substantial gains since April 2025, surging by 11.87%, according to CoinGlass data. The post Bitcoin Structure Mirrors 2022 Bottom – But There’s a Big Catch appeared first on CryptoPotato .

La maggior parte ha letto le notizie

AI agent forms its own company, gets ready to...
2026-05-01
Old Ethereum Wallets Drained in Coordinated A...
2026-05-01
ECB’s Makhlouf Warns of Hidden Inflation Thre...
2026-05-01
Btc tops $78,000 but fails at $79,000 resista...
2026-05-01
Garlinghouse Says Ripple Remains ‘Extremely C...
2026-05-01
Massive 331,462,213 USDT Transfer to Bitfinex...
2026-05-01
Ark Invest: BTC 16 Trillion Dollar Estimate i...
2026-05-01
Digital Asset Security Moves Beyond Keys as B...
2026-05-01

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta