Why Bitcoin Price May Experience a More Powerful Rally Than Past Bull Markets

Bitcoin has recently shown price movements that led many traders to believe that October 2025 marked the peak of the current cycle. However, intriguing technical analysis indicates that the market structure remains incomplete. According to analyst CryptoAmsterdam, Bitcoin might be undergoing a temporary correction within a broader phase. If this analysis holds true, Bitcoin could potentially embark on a more vigorous rally than previous bull markets.

Key Takeaways

Bitcoin could be experiencing a temporary correction within a broader macro bull cycle.
Historical Bitcoin bull runs follow a five-stage pattern, which the current cycle has not fully completed.
Price action may appear weak short-term but could be bullish in the long run.
Bitcoin often lags behind other assets like gold and large-cap stocks.
Projections suggest that Bitcoin could reach highs of over $200,000 in the future.

Bitcoin

Bitcoin Could Still Be in an Unfinished Macro Bull Cycle

Historical Bitcoin bull runs have typically followed a clear five-stage pattern: a bull phase, a bear phase, accumulation below the macro range, a disbelief rally that returns the price into the range, and finally, a parabolic surge to new all-time highs. This sequence has consistently appeared in the cycles of 2013, 2017, and 2021, completing all five stages within approximately four years each. However, the current cycle has not followed this trend.

As per CryptoAmsterdam’s analysis, Bitcoin achieved a fresh peak without the expected Stage 5 parabolic expansion. His chart comparisons, which plot Bitcoin’s weekly price movements against previous cycles, indicate that the 2013, 2017, and 2021 cycles spanned around 1,456 to 1,477 days from their lowest points to their peaks, with Stage 5 contributing the most significant price movements in each scenario.

However, this explosive phase seems to be missing in the current cycle. After hitting a peak at $126,000, the price action has entered a corrective phase, but the cycle framework may still be in play.

Bitcoin price 1 Price Chart Comparison. Source: @damskotrades On X

The technical analysis also reveals that while the price may appear weak in the short term, it can still be bullish on a larger scale. This seems to be the case with Bitcoin now. The chart setup indicates that the recent correction constitutes a mini-cycle correction within a larger macro continuation.

This becomes even more compelling when compared with gold and Alphabet (Google). In both instances, the prices advanced within a larger macro cycle, paused for a mid-cycle correction, and then resumed their upward trajectory after the smaller reset was complete.

CryptoAmsterdam posits that Bitcoin could be replicating this behavior. If accurate, Bitcoin's current price action represents Stage 3 of a mini-cycle nested within the larger Stage 5 of its macrocycle, signaling that the parabolic phase is still to come.

Bitcoin price 2 Gold And Alphabet Inc. Source: @damskotrades On X

Potential for New Price Highs

Another reason for anticipating a stronger rally lies in Bitcoin’s tendency to lag behind other assets. In recent years, Bitcoin has often displayed macro structures akin to those of large-cap stocks, but with a delay that can extend for hundreds of days. This makes Bitcoin appear more like a follower in the cycle, rather than a leader.

Importantly, technical analysis shows that gold typically bottoms out long before Bitcoin. For example, during the previous cycle in 2021, Bitcoin increased in value while gold was also rising, but Bitcoin underwent a complete mini-cycle correction while gold surged. Only when gold concluded its parabolic rally did Bitcoin begin its vertical move, as illustrated in the chart below.

Bitcoin price 3 Gold And BTC. Source: @damskotrades On X

Looking ahead, the expectation is that Bitcoin will continue its larger Stage 5 move, similar to what was observed with Gold and Google (Alphabet Inc.). Projections suggest that this move could elevate the Bitcoin price to macro cycle highs exceeding $200,000.

Bitcoin price chart from Tradingview.com BTC bulls pushing to hold $74,000 | Source: BTCUSD on Tradingview.com