Bitcoin's current chart structure mirrors the 2022 breakdown pattern—you've got the classic dump, recovery into a rising channel, then RSI climbing into bullish territory while liquidity stays thin below support. History doesn't repeat, but it sure rhymes: that cycle ended with BTC crushed roughly 50% lower. The setup today carries similar risks. Without fresh buying pressure to defend key levels, another significant correction isn't just possible—the technical setup suggests it's worth watching closely. Price action in the coming weeks will tell whether this time plays out differently or follows the same script.