Bitcoin Repeats 2017 Cycle, September Dump Unlikely

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Bitcoin’s price action is echoing the 2017 bull run, with analysts arguing that the anticipated “September dump” may not materialize this year.

According to trader Rekt Fencer, Bitcoin already front-ran the seasonal sell-off in June and August, forming a strong support base around $105,000–$110,000.

In 2017, a similar pattern unfolded. Bitcoin dipped in August, sparking fears of a September crash, only to rebound sharply and launch into a parabolic rally that pushed prices close to $20,000 by December.

Fencer suggests the 2025 setup is strikingly similar, noting that bears waiting for further downside risk missing the next leg of the bull run.

The latest chart comparison highlights how Bitcoin tends to trap late sellers before igniting its strongest uptrend phase. If the cycle continues to follow the 2017 blueprint, Bitcoin could soon break higher, targeting levels between $160,000 and $180,000.

While September has historically been a weak month for crypto, current conditions suggest the correction phase is already complete. For investors, this raises the possibility that Bitcoin is entering its vertical growth stage, leaving cautious traders behind as bullish momentum takes over.

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Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
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