Expert Issues Warning: Bitcoin 2025 Mirrors 2018, Not 2017!

Mia Almeida -

Stop the Comparisons: The Crucial Reminder for Bitcoin Traders

With the crypto community abuzz over Bitcoin’s moves, Tony “The Bull” Severino takes a critical stance, advising traders to rethink their perspectives on Bitcoin’s trajectory. According to Severino, the famed 2017 bull run comparisons could mislead traders into false optimism, and instead, Bitcoin might be retracing steps towards a more sobering turn of events akin to 2018. A glance at the stochastic oscillator reveals compelling evidence that demands attention from even the most bullish of traders.

The stochastic oscillator stands at the heart of Severino’s analysis. As a technical tool for determining market momentum, this indicator paints a picture that defies 2017 nostalgia. Many investors still see the oscillator’s dip to 60 as reminiscent of the past bull phase. But Severino warns that this position aligns with early 2018, a time that saw Bitcoin endure a colossal 49% dip. According to TradingView, such momentum disparities may soon spell challenging times ahead.

The Volatile Landscape: Will Bitcoin Break Free?

Bitcoin’s struggle to surmount prevailing resistances brings a new dimension to market dynamics. Real-time data depicts a hesitant market, with short-term investors withdrawing from active buys, foretelling limited bullish momentum. Coupled with potential implications from political developments, such as President Trump’s proposed tariffs, Bitcoin finds itself on an uncertain edge. Despite these headwinds, Bitcoin retains a foothold above $83,000, showcasing resilience amidst the chaos.

Decoupling from Tradition: Is Bitcoin Finding Its Own Path?

Intriguingly, Bitcoin might be carving out its path, distinct from traditional financial indices. While the Dow Jones, S&P 500, and NASDAQ react lethargically to fiscal shifts, Bitcoin showcases a recovering steadiness, inching above $83,000. Noted by observers like Cory Bates, this deviation might signal a pivotal evolution in Bitcoin’s journey toward independence in the financial sphere. Although early, such decoupling hints at newfound vitality and an opportunity for the crypto market to assert its own forecast independent of conventional benchmarks.

Cory Bates encapsulates this shift visually with mediums such as TradingView. As traders digest Severino’s insights, the larger conversation unfolds, lighting the ever-evolving roadmap of crypto investment strategies.

Keep Watching!

As Bitcoin’s path continues to unravel, our updates will keep you fortified with insights and analyses. Keep your eyes on the market, and remember — it’s a game of momentum and patience.

Featured image from Pexels, chart from TradingView