{"id":69203,"date":"2026-01-24T15:46:41","date_gmt":"2026-01-24T15:46:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=69203"},"modified":"2026-01-24T15:46:41","modified_gmt":"2026-01-24T15:46:41","slug":"bitcoin-pattern-from-2022-that-led-to-crash-to-20000-reappears","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=69203","title":{"rendered":"Bitcoin Pattern From 2022 That Led To Crash To $20,000 Reappears"},"content":{"rendered":"<div>\n<p>Bitcoin (BTC) is <a href=\"https:\/\/bitcoinist.com\/bitcoin-price-2022-playbook\/amp\/\" target=\"_blank\" rel=\"noopener \">mirroring the same setup from its 2022 bull cycle<\/a>, which led to a massive price crash to $20,000. According to market expert Crypto Bullet, this recurring structure could signal another major correction for BTC ahead. However, this time the leading cryptocurrency could give up almost a quarter of its current value.\u00a0<\/p>\n<h2><b>2022 Bitcoin Chart Pattern Signals Over 20% Crash<\/b><\/h2>\n<p>In his technical analysis <a href=\"https:\/\/x.com\/CryptoBullet1\/status\/2014693681190646128\" target=\"_blank\" rel=\"noopener nofollow\">released<\/a> on X, Crypto Bullet revealed that Bitcoin is currently repeating a 2022 structure that could lead to a more than 20% decline in its value. To support his bearish outlook, the analyst presented a parallel chart comparing Bitcoin\u2019s price action from 2023-2022 and 2025-2026, highlighting similar technical patterns, price behavior, and Moving Averages (MA).\u00a0<\/p>\n<p>During the 2022 cycle, Bitcoin experienced a similar pattern, beginning with a test of the <a href=\"https:\/\/bitcoinist.com\/bitcoin-short-term-holder-activity-shows-balance\/amp\/\" target=\"_blank\" rel=\"noopener \">100-day Moving Average (MA100)<\/a>, highlighted as the blue trendline on the chart. After facing rejection at that level, the price pulled back to a nearby support zone inside a rising channel. From there, BTC staged a sharp rally, surging to fresh highs around $48,500, where it aligned with the 200-day Moving Average (MA200), marked in orange.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-658933\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/a_1a8960.png?resize=1024%2C562\" alt=\"\" width=\"1024\" height=\"562\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/a_1a8960.png?w=1107 1107w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/a_1a8960.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/a_1a8960.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/a_1a8960.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/a_1a8960.png?w=750 750w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>However, the recovery proved short-lived. Bitcoin soon reversed course and failed to reclaim the MA200 as support. Once the cryptocurrency\u2019s price structure was lost, <a href=\"https:\/\/bitcoinist.com\/bitcoins-pullback-feels-brutal-but-history-months\/amp\/\" target=\"_blank\" rel=\"noopener \">downside momentum<\/a> accelerated, pushing the price into a much deeper correction toward the $20,000 level.\u00a0<\/p>\n<p>According to Crypto Bullet, Bitcoin is repeating this exact pattern in 2026. It has already retested the MA100, gotten rejected, and moved lower into a support zone within a similar <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin-price-analysis-ascending-parallel-channel-pattern-points-to-57000-target\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">ascending channel<\/a>. The chart also showed that in both cycles, BTC reached a \u201cmarket cycle top,\u201d first around December 2023 and then again in November 2025, before breaking down and entering <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-stuck-in-bear-mode-for-83-days-trend-pulse-confirms-structural-weakness\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">a consolidation phase<\/a>.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/Qatdq18R\/\" width=\"1835\" height=\"909\"><\/p>\n<p>Given how closely Bitcoin is mirroring its 2022 setup, Crypto Bullet has forecast another <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/short-bitcoin-down-to-40000\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">dramatic price crash<\/a>, predicting a more than 23.5% drop from its current price near $89,500 to $68,450. Before this decline happens, the analyst expects BTC to <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/can-bitcoin-revisit-97600-glassnode\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">experience a short-term recovery<\/a>, potentially climbing back above the $100,000 psychological level to reach $102,000.\u00a0<\/p>\n<h2><b>Bitcoin Could Still Rally To $92,000<\/b><\/h2>\n<p>Crypto analyst Tyrex has<a href=\"https:\/\/x.com\/tryrexcrypto\/status\/2014805296611524988?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> stated<\/a> that Bitcoin has been consolidating for the past 48 hours, with price holding above $89,000 for most of that period. Despite the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-indicator-falls-back-to-post-bear-market-levels-investors-approach-a-key-decision-point\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">muted price action<\/a>, he believes that BTC could soon rally to $92,000. The analyst also noted that the <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-sentiment-whiplash-greed-extreme-fear\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">broader market is in a state of fear<\/a>, with many traders anticipating further declines in Bitcoin.<\/p>\n<p>However, the analyst cautions that this expected drop may be a trap. He points out that an ascending channel is forming on Bitcoin\u2019s chart, prompting him to adopt a more bullish outlook despite the prevailing bearish sentiment and sideways price movement.\u00a0\u00a0<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-658934\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?resize=1024%2C510\" alt=\"\" width=\"1024\" height=\"510\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?w=1096 1096w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?w=360 360w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/01\/b_7f86e2.png?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) is mirroring the same setup from its 2022 bull cycle, which led to a massive price crash to $20,000. According to market expert Crypto Bullet, this recurring structure could signal another major correction for BTC ahead. However, this time the leading cryptocurrency could give up almost a quarter of its current value.\u00a0 2022 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-69203","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69203"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69203\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}