cryptocurrency

Bitcoin Soars 2,200% After This Key Signal Just Illuminated: Is History Repeating itself?

The same analyst also noted that BTC is currently using “the oldest playbook in the markets.”

Merlijn The Trader, a popular crypto analyst on X, pointed out that the volume tightening has just ended, which has historically preceded bitcoin’s biggest rallies.

He remains very bullish on BTC’s mid- to long-term price trajectory, noting that the cryptocurrency is currently in its second phase of manipulation before it moves back above $100,000.

QT End: BTC to Millions of Dollars?

Although the end of the official QT was decided to be December 1, 2025, Merlijn focused on the macro picture of bitcoin, comparing the same situation from 2019. At the time, the US Fed was also opposed to its monetary policy, which was among the propellers after the explosion of bitcoin from $ 3,000 between the low years of $ 690 to $ 690.

He believes that the macro trigger and demand areas are the same now, and noted that if BTC maintains the $70,000 level, “the rally begins.” If it falls below $60,000, the collection expands.

If BTC were to stop such an amazing rally of 2,200% now, its price tag could rise to more than 1.6 million dollars per unit. Needless to say, it sounds unimaginable now, but bitcoin has proven in the past that it tends to prove people wrong.

In a separate post, the analyst noted that the bitcoin collection phase is done, and the asset is in its second phase of fraud, “which is happening now.” Phase 3 will be a distribution, where BTC will enter the six-figure zone. He noted that $65,000 is “the last stop before the final stage.”

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“Hold it: the movement is beginning. Lose it: the deception is not over,” he added.

$80K Next?

As BTC rose to $71,000 earlier today, Michaël van de Poppe noted that $75,000 should be next, followed by $80,000 this month. While focusing on BTC’s short-term price movements, the analyst cautioned that this is “not a V-shaped recovery, but rather a simple vertical reversal at peak times.”

Interestingly, he argued that altcoins will perform spectacularly during this phase.

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