- Bitcoin is following a similar path to its 2017 parabolic rise.
- If Bitcoin continues its current trend it could reach $100,000.
- Key global events may drive Bitcoin’s 2025 breakout past $100,000.
Bitcoin has a track record for extreme price swings; however, the most recent analysis by MartyPartyMusic pointed out an important storyline: Bitcoin is continuing its parabolic phase. As of April 8, 2025, Bitcoin price becomes rapidly closer to the path of late 2017, where the price had a massive rise over $100,000. The chart showing price action for Bitcoin from 2017 to the present suggests still room for the parabolic trend that may take Bitcoin to a new rally.
This chart sketchy illustrates halfway through between the beginning and the end of 2017-‘s key moments along Bitcoin’s path. Then, the current movement is superimposed all on the same chart to show that the current parabolic shape of Bitcoin somewhat mimics what the price structure looked like back in 2017. Entering 2017, Bitcoin was streaming beneath $1,000; by December 2017, it would tally almost $20,000.
Fast forward to 2025, and Bitcoin finds itself again more or less on the same trajectory; it recently soared beyond $79,000. If the parabolic curve holds, therefore, Bitcoin very likely could be parallel with explosive actions to test the $100,000 mark in the near future, just as seen in late 2017.
Key Moments in Bitcoin’s 2017 Parabolic Rise
The price action describes several momentous events during Bitcoin’s parabolic rise in 2017. The “Trump Wins Election” milestone in November 2016 set the stage for Bitcoin’s 2017 bull run. The price started moving up slowly, gaining popularity on the generating news circuit; by the beginning of 2017, Bitcoin was already steady on the rise. The “Trump Inauguration” moment in January 2017 seemed to fuel the momentum even further, with Bitcoin starting to attract the interest of larger investors.
From there, the price of Bitcoin began to increase significantly, and the increase in momentum was supported during the IMF recognition and Trump Liberation Day events. Those milestones marked the increasing adoption of Bitcoin and gaining recognition by conventional finance and government institutions, which in turn laid the groundwork for the explosive rally toward the end of the year. By December 2017, Bitcoin price exploded and truly peaked at $19,891 on December 17, 2017.
Bitcoin’s 2025 Path: Is History Repeating Itself?
The chart strongly suggests the 2025 price trajectory is closely following Bitcoin’s 2017 march, though the world is a different place now. By early 2025, Bitcoin was trading in the $79,000 range, which is quite a step up compared to the day before. The ongoing price curve is like that witnessed back in 2017: a slow then extremely dramatic lift in price. If that price path holds, then Bitcoin could, after all, walk again to north of $100,000, as was the case back in 2017.
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