{"id":168598,"date":"2025-08-31T13:00:33","date_gmt":"2025-08-31T10:00:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=168598"},"modified":"2025-08-31T12:08:34","modified_gmt":"2025-08-31T09:08:34","slug":"bitcoin-repeats-2017-cycle-september-dump-unlikely","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-repeats-2017-cycle-september-dump-unlikely\/","title":{"rendered":"Bitcoin Repeats 2017 Cycle, September Dump Unlikely"},"content":{"rendered":"<p>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\u2013$110,000.<\/p>\n<p>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.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-168599\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC.png\" alt=\"\" width=\"1200\" height=\"591\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC.png 1200w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC-300x148.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC-1024x504.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC-768x378.png 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC-130x63.png 130w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC-104x50.png 104w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/GznsAVYWMAAYAGC-83x40.png 83w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/p>\n<p>Fencer suggests the 2025 setup is strikingly similar, noting that bears waiting for further downside risk missing the next leg of the bull run.<\/p>\n<p>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.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-168571\" href=\"https:\/\/cryptodnes.bg\/en\/ethereum-sets-new-all-time-high-in-monthly-dex-trading-volume\/\" title=\"Ethereum Sets New All-Time High in Monthly DEX Trading Volume\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/05\/eth131-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ethereum Sets New All-Time High in Monthly DEX Trading Volume<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price action is echoing the 2017 bull run, with analysts arguing that the anticipated \u201cSeptember dump\u201d may not materialize this year.<\/p>\n","protected":false},"author":7,"featured_media":139276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424],"coin_category":[],"class_list":["post-168598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Repeats 2017 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