Bitcoin Price Prediction: $100K After 2020 Crash Pattern Returns

Bitcoin’s latest drop and rebound has triggered fresh comparisons to the March 2020 crash, with chartists pointing to another potential reset before a bigger move. At the same time, a monthly SuperTrend flip is adding a longer-term bullish signal to the discussion.

Bitcoin Chart Echoes March 2020 Crash Pattern

A chart shared by X user CryptoKaleo compares Bitcoin’s March 2020 shock drop with a recent selloff, arguing the market may be replaying the same setup toward higher prices.

In the image, the March 2020 panel shows $BTC ripping higher through 2019, then dumping hard into March before rebounding. A horizontal support line sits under the crash wick, and price later recovers back above prior ranges.

Source: TradingView via CryptoKaleo on X

The “NOW” panel show as similar sequence on a later timeline: a long climb, then a sharp breakdown and fast bounce near a rising diagonal support line. From there, CryptoKaleo sketches a projected path that stair steps higher and pushes above the $100,000 area, with the note “$100K+ is a magnet,” meaning a round number that often pulls attention and liquidity.

The comparison is visual, not a forecast backed by data in the post. It also leaves out key drivers that shaped March 2020 and today’s market. Still, the main point stays clear: the post treats the latest drop as a capitulation style flush and frames the rebound as the start of a larger recovery move.

Bitcoin Monthly SuperTrend Flips Toward Uptrend

A chart shared by X user Ali Charts shows Bitcoin’s monthly trend flipping positive on the SuperTrend indicator, which tracks long-term direction and trend changes.

Bitcoin Monthly Chart. Source: TradingView via Ali Charts on X

In the image, the $BTC monthly chart marks past cycle tops with “Sell” signals and deep drawdowns that followed. Those declines ranged from about 60% to more than 85% across prior cycles. Each downturn later gave way to a new uptrend, marked by a SuperTrend flip and a sequence of higher monthly closes.

The latest panel places price above the SuperTrend band again. The indicator’s switch appears after Bitcoin recovered from the 2022 bear phase and pushed through prior cycle resistance. As a result, the structure now shows higher highs and higher lows on the monthly timeframe, which signals a broader trend shift rather than a short-term bounce.

The post frames the signal as a macro change in trend conditions. However, the chart itself shows that prior SuperTrend flips did not prevent sharp pullbacks during bull phases. Even so, the indicator tracks the dominant direction across cycles and highlights when momentum aligns with longer-term trend.