{"id":27531,"date":"2025-08-26T21:29:06","date_gmt":"2025-08-26T18:29:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27531"},"modified":"2025-08-26T21:30:15","modified_gmt":"2025-08-26T18:30:15","slug":"analyst-identifies-bitcoin-pattern-resembling-second-quarter-trends","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analyst-identifies-bitcoin-pattern-resembling-second-quarter-trends\/","title":{"rendered":"Analyst Identifies Bitcoin Pattern Resembling Second Quarter Trends"},"content":{"rendered":"<p>The current chart of the leading cryptocurrency shows similarities to the pattern observed in the second quarter, when the asset reached an all-time high of $112,000 before dropping to $98,000. This was <a href=\"https:\/\/x.com\/cas_abbe\/status\/1960253055141548077\">highlighted<\/a> by CryptoQuant contributor Cas Abbe.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXew8DMrcp9W47Xfe845hQ4dZZX_fwITVoVfucRVwcEnn_F1jsFlvCm1WK6qm3R0ehnuf-YcLacCiJX1FsxwfntSMW0fMR1NSqV50Vagb5Rct2v-gkrjSOuvEreqRUUiw4igqqanUQ?key=0G7V4bEcbDUA4YO9t37sPA\" alt=\"Analyst Identifies Bitcoin Pattern Resembling Second Quarter Trends\"\/><figcaption class=\"wp-element-caption\">Source: X.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c[There were] similar lower lows and capitulation, which made everyone think \u2018it\u2019s all over\u2019. Moreover, Bitcoin even fell below the trend line \u2014 this could happen again. I know many of you are scared, but all you need to do is hold your positions,\u201d the expert wrote.\u00a0<\/p>\n<\/blockquote>\n<p>Meanwhile, a trader known as BitBull announced the approach of a local bottom in the crypto market.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> is now getting closer to the bottom.<\/p>\n<p>There is still a chance of $106K-$108K level retest, but for now I&#8217;m expecting a bounceback.<\/p>\n<p>Coinbase Bitcoin Premium turned positive during bottom and long liquidations were huge.<\/p>\n<p>This shows that max. pain is here and a short rally is\u2026 <a href=\"https:\/\/t.co\/HsTTyiHs6i\">pic.twitter.com\/HsTTyiHs6i<\/a><\/p>\n<p>\u2014 BitBull (@AkaBull_) <a href=\"https:\/\/twitter.com\/AkaBull_\/status\/1960262301912809970?ref_src=twsrc%5Etfw\">August 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to his forecast, digital gold could still plummet to $106,000\u2013108,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201c<a href=\"https:\/\/forklog.com\/en\/news\/investors-keep-buying-bitcoin-on-the-pullback\">Coinbase Premium<\/a> turned positive during the bottom, and long liquidations were huge. This indicates that maximum pain is over, and a short rally is expected,\u201d added BitBull.<\/p>\n<\/blockquote>\n<p>A user known as Mister Crypto pointed to the accumulation of significant liquidity above the $115,000 levels, implying an imminent short squeeze.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> liquidity is piling up on top.<\/p>\n<p>SHORT SQUEEZE INCOMING! <a href=\"https:\/\/t.co\/qYjzkozfxv\">pic.twitter.com\/qYjzkozfxv<\/a><\/p>\n<p>\u2014 Mister Crypto (@misterrcrypto) <a href=\"https:\/\/twitter.com\/misterrcrypto\/status\/1960341965343424874?ref_src=twsrc%5Etfw\">August 26, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, Bitcoin is trading around $110,000, having dropped 3% over the past seven days.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXc767sqai9sYp8ZJkqNwNDOoaZ7kOg1bD2rK-lYRm9RTD30oUonBAZp_iQg8L4eCLLRhmY4NpTjWZebz2jH8RIR1Z4SGwONeQnQIRcZuYD-3U0hiNzKCXokrjrN3vBdkV3lUTeT?key=0G7V4bEcbDUA4YO9t37sPA\" alt=\"Analyst Identifies Bitcoin Pattern Resembling Second Quarter Trends\"\/><figcaption class=\"wp-element-caption\">15-minute BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Back in mid-August, digital asset investment products <a href=\"https:\/\/forklog.com\/en\/news\/investors-withdraw-1-43-billion-from-crypto-funds-amid-fed-decision-concerns\">lost<\/a> $1.43 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current chart of the leading cryptocurrency shows similarities to the pattern observed in the second quarter, when the asset reached an all-time high of $112,000 before dropping to $98,000.<\/p>\n","protected":false},"author":1,"featured_media":27532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin chart shows a pattern similar to Q2, with highs of $112,000 and lows of $98,000.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145],"class_list":["post-27531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"240","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin chart shows a pattern similar to Q2, with highs of $112,000 and lows of $98,000.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/27531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=27531"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/27531\/revisions"}],"predecessor-version":[{"id":27533,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/27531\/revisions\/27533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/27532"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=27531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=27531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=27531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}