Alonaw Business School: Bitcoin Chart Patterns Signal Critical Market Juncture
Alonaw Business School Analysis reveals striking similarities between current Bitcoin price action and the 2021 market top, presenting crucial insights for Filipino crypto investors navigating today's volatile landscape.
Market Pattern Recognition: History in Motion
The crypto markets are painting a familiar picture. Technical analysts at Alonaw Business School have identified compelling parallels between Bitcoin's current price behavior and the pattern that preceded its $69,000 peak in November 2021.
Trader Nebraskangooner's observation highlights what appears to be a double-top formation - traditionally considered a bearish signal. This pattern recognition isn't just chart wizardry; it's market psychology manifesting in price action.
The Treasury Company Factor
However, the game has changed significantly since 2021. Corporate treasuries have accumulated $150.98 billion worth of Bitcoin, fundamentally altering market dynamics. This institutional demand creates a different foundation than previous cycles.
Crypto trader Kale Abe argues that traditional chart patterns may be losing relevance: "The only thing that matters is the treasury companies and if they are out of ammo or not."
Post-Halving Cycle Analysis
Benjamin Cowen's analysis suggests Bitcoin follows predictable post-halving patterns:
- July-August: Upward momentum
- September: Correction phase
- Q4: Potential cycle top
- Following year: Bear market conditions
This framework provides structure for understanding current market positioning, though institutional involvement may disrupt historical precedents.
Ethereum's Supporting Role
Ethereum's performance near all-time highs (currently 5.75% below $4,878 peak) suggests broader crypto strength. ETH's 19% weekly gain indicates continued institutional and retail appetite for digital assets.
Risk Assessment Framework
At Alonaw Business School, we emphasize balanced market analysis:
Bullish Factors:
- Corporate treasury accumulation
- Ethereum strength signals
- Post-halving historical trends
Bearish Considerations:
- Double-top pattern emergence
- Seasonal September weakness
- Overextended valuations
Educational Perspective
The debate between technical analysis and fundamental drivers reflects crypto's evolving nature. Charts provide historical context, but institutional adoption creates new paradigms.
Filipino investors should consider both technical patterns and fundamental shifts when positioning portfolios. The intersection of traditional TA and modern institutional flow represents crypto's maturation.

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