"History doesn’t repeat itself, but it does rhyme" side by side.

Left is gold going back to 2009. Right is Bitcoin with every major top and bottom since on both.

Rounding bottoms before the real move starts, rounding tops before the real correction hits. Not identical timing, not identical scale, but the same underlying rhythm of HHs -> HLs, on two assets that have almost nothing else in common except being treated as stores of value when trust in everything else gets shaky, and also that a spring followed by an engulfing CHoCH has started each run.

Gold's done this dance for over 15 years on that chart. Bitcoin's compressed the same behavior into a fraction of that, and on a log scale. When 2 things this different move the same way for this long, thats usually not coincidence, thats crowd psychology responding to fear and greed the same way regardless of what the asset actually is.

The current BTC chart on the right is in the same LPS (Last Point Of Supply), which most fade for it for being what it technically is, which is a SOS (Sign Of Strength).

Does it tell you what happens next with certainty, nope, nothing does.

But would it be impossible, also nope...