BTC is trading at $3,037.88, showing early signs of recovery after stabilising above key support levels on the TradingView chart. Analyst comparison suggests Bitcoin may be repeating Ethereum’s previous parabolic cycle setup. BTC–ETH chart highlights similar bottoming behaviour, hinting at potential upside if momentum continues.BTC is trading at $3,037.88, showing early signs of recovery after stabilising above key support levels on the TradingView chart. Analyst comparison suggests Bitcoin may be repeating Ethereum’s previous parabolic cycle setup. BTC–ETH chart highlights similar bottoming behaviour, hinting at potential upside if momentum continues.

Can Bitcoin Reach a New ATH This Year? Analyst Suggests BTC May Mirror ETH’s Parabolic Cycle

2025/11/29 17:00
3 min read
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  • BTC is trading at $3,037.88, showing early signs of recovery after stabilising above key support levels on the TradingView chart.
  • Analyst comparison suggests Bitcoin may be repeating Ethereum’s previous parabolic cycle setup.
  • BTC–ETH chart highlights similar bottoming behaviour, hinting at potential upside if momentum continues.

The past couple of weeks have not been kind to Bitcoin, but with some positive momentum and a few heads up that things could be returning to normality, the focus now is whether or not Bitcoin will pick up where it left off.

All this leads to speculation if Bitcoin could record an all-time-high in 2025,, depending on how the stabilizes around its support areas going forward. At press time, BTC is trading at $3,037.88, with a decrease of 0.31% over the past 24 hours.

BTC Rebounds from Crucial Support – Buyers Step In

According to the TradingView data, we can see the $87K-$88K threshold being continuously defended by buyers. The accumulation of BTC is occurring with no panic, evidenced by the price pattern of large candlesticks turning into a stair-stepping chart formation.

In addition, the RSI is currently near the top of the Normal Band range, suggesting that bearish momentum is dropping off. If BTC is able to continue recovering over the next few weeks, it could make a full recovery back to these areas going into mid-December 2025.

Source: TradingView

Also Read: Bitcoin (BTC) Range-Bound at $81K–$89K While Short-Term Losses Hit $403 Million Daily

Expert Sees BTC Poised for an ETH-Like Upswing

According to the recent update on X by the analyst Rekt Fencer, BTC has lost about 36% since its highest price point, just as ETH lost significant amounts prior to it taking off in the previous cycle (which has not yet happened with BTC). He believes that this “weak phase” may in fact be the last reset before BTC moves up from the last significant low in price, similar to how ETH had a Parabolic Blow-Off.

BTC–ETH Comparison Suggests Potential Upside for Bitcoin

The TradingView chart below illustrates the comparative gap between BTC and ETH. From the cycle low to the current price, BTC has decreased approximately -22% and ETH has decreased -32%. However, there are signs of improvement for both coins. BTC is rebounding quicker, and both have healthy upward momentum in the form of a positive RSI.

BTC’s trend resembles that of ETH’s early base-building phase prior to its rapid price increase.

Source: TradingView

In conclusion, based on stabilising patterns, comparative analysis by analysts, and robust indicators, analysts believe that BTC has the potential to reach an all-time high before the end of 2025, assuming it continues to gain momentum in the coming months.

Also Read : Bitcoin Price Analysis: BTC Reclaims $91K as Price Targets $97,967 Next

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