The post Why a 2021-Style Bitcoin Double Top Is Unlikely to Hit in 2025 appeared on BitcoinEthereumNews.com.

After surpassing $111,000, Bitcoin’s price has shown signs of stalling over the past two weeks. Some investors have begun to worry about a potential “Double Top” scenario. This technical pattern often signals a sharp reversal, similar to what happened in 2021. However, experienced analysts argue that this concern is unfounded. They believe the current market conditions are entirely different from four years ago. Why a 2021-style double top scenario is unlikely in 2025 As BeInCrypto recently reported, certain divergence signals have emerged. These suggest that Bitcoin could reverse course in June. If this happens, it will complete a double-top pattern and potentially lead to a correction of over 70%, just like in 2021. Chart comparing Bitcoin’s 2021 and 2025 double top patterns. Source: Stockmoney Lizards on X However, analyst Stockmoney Lizards believes the RSI-based divergence signal is unreliable. He points out that this indicator has failed to predict market tops correctly in most past cases. “Want to know what I found? This thing has been dead wrong most of the time. 2015: ‘Divergence means top!’ – BTC went up 10x. 2017: ‘This divergence is different!’ – BTC kept pumping for months. 2019: ‘Finally confirmed!’ – Another 4x move incoming. The only time it actually worked was 2021. That’s 1 out of 5. So we’re supposed to sell everything based on an indicator that’s failed 80% of the time?” Stockmoney Lizards said. Besides questioning the reliability of technical indicators, he also highlights some overlooked positive signals. For instance, the number of active wallet addresses has surged, suggesting growing participation from both retail and institutional investors. Chart of active Bitcoin wallet addresses. Source: Stockmoney Lizards Moreover, the MVRV Z-Score—an on-chain metric that gauges Bitcoin’s valuation relative to its fair value—is currently low. Historically, this indicates that Bitcoin is not overvalued and still…

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Filed under: News - @ June 2, 2025 9:30 am