Bitcoin Mirrors 2019 Setup as Q1 Recovery Signals Potential Upside

The recent movements of Bitcoin in Q1 of 2025 are also being likened to a certain period in early 2019, as per chartists. After registering one of the weakest fourth quarters in recorded history, including a slide below key technical support, Bitcoin has registered a strong start to January, which was also how it bounced back from its low seven years ago.

Weak Q4 Followed by January Bounce

The current Bitcoin price action is a reflection of the larger trend that occurred during Q1 2019. During that time, a correction was followed by a strong bounce in January. Following a difficult end to 2024 that was deemed to be one of the ‘worst Q4s’ in recent history by some analysts, Bitcoin’s price did temporarily fall below its lower weekly Bollinger Band.

As can be seen in both the 2019 and the 2025 examples, the January reversal happened as buyers re-entered the market after prices tested deep levels of support.

Also Read: Bitcoin Faces Rejection Near $125,000, Short Term Upside Still Possible

Chart Pattern Comparison: Then and Now

When overlaying the price action in the early part of 2019 with the current price action in 2025, some structural similarities are;

• A period of structural erosion and volatility prior to a strong rebound
• A break above local resistance areas after large retracement moves
• A return of momentum after testing significant support levels

Source: AshCrypto

In 2019, the Bitcoin recovery provided the foundation for the long-term upward trajectory that was to follow. The same pattern that is playing out in 2025 suggests that Bitcoin may be on the verge of a new upward trajectory if certain factors continue to fall into place.

Key Levels and Market Structure

Current market trends indicate that Bitcoin is stabilizing above $90,000-$95,000 after being rejected below significant levels of moving averages towards the end of 2024. The recent action in January has led to a return to higher levels, which has focused market attention on significant levels of technical supports or resistance that had a pivotal influence during the 2019 reversal.

It would take a sustained break above these levels of resistance, particularly with accompanying volume, for it to be determined that the larger downtrend is over and a new uptrend is unfolding.

Historical Context Doesn’t Guarantee Future Results

Although similarities in patterns give hope to many traders, experts point out that no pattern, whether fractal or past precedent, offers any guarantee about the behavior of the stock in the future. This is because each cycle has its own structure, macro-economic environment, and level of liquidity, which must be tested by actual strength rather than past similarity.

Also Read: Bitcoin & Ethereum Ignite First Major Crypto Rally of 2026