- Bitcoin prints similar bullish chart to previous pump.
- This leads experts to expect liquidity to return to the crypto market soon.
- Will the crypto bull cycle enter a bullish extension phase?
The crypto market continues steadily in a sideways pattern, with the price of BTC currently trading between $66,000 and $67,000. At the same time, the price of ETH continues to a promising price range above $2,000. Amidst the tug of war of bearish and bullish expectations, Bitcoin prints similar bullish chart to previous pump. Is liquidity ready to return to the crypto market?
Bitcoin Prints Similar Bullish Chart to Previous Pump
The pioneer crypto asset, Bitcoin (BTC) has been trading steadily between the $66,000 – $67,000 price range over the past few days. In particular, the reason behind BTC falling to prices under $70,000 in recent days has to do with the fact that BTC failed to reclaim a crucial support level at the $76,000 price range, and only pumped as high as $74,000 This led to the swift fall of bTC price to under $70,000.
The sudden fall in the price of the pioneer crypto asset fed into a large wave of bearish market predictions. At the moment, most bearish analysts who are all but certain that the price of BTC will go on to set a crypto market bottom, are expecting the price of BTC to dip towards the $40,000 – $50,000 some time this year. This is a complete contrast to the bullish expectations set by many reputed financial experts.
Is Liquidity Ready to Return to the Crypto Market
To highlight, experts like Raoul Pal, Tom Lee, and CZ made an interesting observation about the crypto bull cycle. They state that the traditional 4 year bull cycle is likely no longer in play and that a 5 year supercycle will likely play out instead, meaning the price of BTC will go on to set a new ATH price or multiple new ATH price this year, allowing even altcoin prices to surge and set new ATH prices of their own.
According to this outlook, the surge will come due to an extended business cycle and a massive flow of liquidity, which has been lacking within the crypto market so far. As we can see from the post above, this crypto enthusiast says liquidity is about to come back in 2019 as the Fed started expanding its balance sheet and injecting money into the system. Since QT ended in December 2025, the Fed has already injected $160 billion.
More money in the system means more reserves in banks and more reserves mean more money flowing into markets. Historically, that’s been very good for stocks and crypto. Based on the observations in the post above, Bitcoin has oriented the same fractal from the December 2022 – January 2023 price move. Calling it scarily similar, the expert made a bold move and accumulated more BTC. He says that the pattern looks just like the bear market low in January 2023.