According to a new technical analysis, Bitcoin (BTC) and the broader crypto market could be mirroring . While the market has previously rallied through July and August, historical fractals point to a potential crash in September, followed by a push into a later in the year. 

September Proves Risky For Bitcoin And Crypto Market 

A recent X social media by crypto analyst Benjamin Cowen has highlighted a recurring pattern in that could have significant implications for the market over the coming months. His analysis shows that Bitcoin has consistently followed a post-halving cycle that exhibits distinct, particularly around July, August, and September.

The chart shared by Cowen illustrates that in previous cycles, Bitcoin has often and August, fueling optimism and strong market sentiment. However, each time this has been followed by a , leading to a reset before the final push toward the cycle top, which usually arrives in the . 

According to the analysis, this repeating structure is not unique to a single cycle but has appeared across multiple past cycles, giving weight to the expert’s argument that history could be repeating. In 2013, 2017, and 2021, Bitcoin’s price behavior followed this pattern almost identically, showing strength in mid-summer and weakness in September. 

After a final rally to a peak, each of these cycles was eventually followed by an , during which valuations corrected sharply from their highs. Based on Cowen’s report, the current cycle appears to be unfolding the same way, as Bitcoin already displayed strength in July and August this year, sparking that a September pullback could be approaching. 

BTC Cycles Suggest Market Still Has Room To Grow

A new technical analysis by crypto market expert TechDev also a recurring pattern in Bitcoin’s long-term price cycles, arguing that, contrary to popular belief, the current market may still be . The analysis, supported by a historical chart of BTC’s performance, shows that every market top has consistently occurred around 14 months after a specific cyclical signal. 

The chart outlines multiple Bitcoin cycles dating back to 2011, with tops and bottoms clearly marked with green and red indicators. Each upward run is followed by a significant correction and then a recovery accumulation phase. The data also revealed that each cycle top often aligned with a measured time frame of approximately 420 days. 

Based on this model, current projections show that. The most recent green marker on the chart signals that the market could already be transitioning out of its corrective phase. If historical patterns hold, this could mean the market is entering a prolonged growth window rather than . 

Featured image from Unsplash, chart from TradingView