Bitcoin Price Follows Same Pattern That Led to 400% Surge, But There’s a Catch

If history repeats itself, bitcoin could easily surpass $300,000.

Popular analyst Merlijn The Trader pointed out in a recent article on

However, to even have a theoretical chance of doing so, Merlijn highlighted the key level BTC must maintain.

A 385% increase in the works?

His analysis noted that Bitcoin had already executed this playbook over three years ago, which is evident from the decreasing squeeze and liquidity of large purchases. He believes this setup will trap late sellers and the BTC price will eventually reverse once concluded.

Merlijn explained that the last time this happened, the price of BTC increased from $15,000 to $73,000. A similar price rise of 385% would propel the cryptocurrency well above $300,000.

Obviously, such a scenario is difficult to imagine now and may seem far-fetched, but Merlijn indicated that BTC could restart a very impressive rally as long as it maintains the key $65,000 level. If not, the liquidity sweep phase will continue.

BITCOIN WORKED THE SAME PLAYBOOK AS IN NOVEMBER 2022.

Downward compression. Sweep buy cash.
Trap late sellers. Then reverse.

Last time this was resolved: BTC went from $15,000 to $73,000.

Hold $65,000: The base is complete.
Lose it: The liquidity sweep continues.

The market is chasing liquidity… pic.twitter.com/BDPICGHWYS

– Merlijn the Trader (@MerlijnTrader) March 14, 2026

He doubled down in a later article by claiming that every major BTC cycle started with a bear trap. In previous examples, like the massive runs of 2013, 2016, and 2020, the price increases have been quite dramatic: 24,000%, 6,300%, and 842%, respectively.

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The analyst noted that the trend is not changing since fear is still the first phase of the rally. And, as reported recently, fear has dominated the crypto market for a few months in a row.

Always bear cycle

Meanwhile, Doctor Profit, one of the best-known crypto analysts who have been calling for this correction for months, acknowledged BTC’s recent rise to $74,000. However, he argued that it would likely be a short-term upward move, before “we see another slowdown” to new lows.

The cryptocurrency was in fact rejected at $74,000 for the second time in around ten days, and is now struggling to stay above $70,000.

#Bitcoin increases rapidly and strongly, exactly as expected. Expect more upside movement before we see a further downturn to new lows. In the meantime, let’s enjoy the fake pump together which will last a few weeks!

– Doctor Profit 🇨🇭 (@DrProfitCrypto) March 13, 2026