Bitcoin's recent price action has been eerily familiar to its 2017 bull run. A similar pattern of consolidation and breakout is evident, with BTC currently testing the lower end of its range. If history repeats, we could see a significant move upwards, potentially targeting the $60,000 level. However, this is not a guarantee and caution is advised.

Trader by day, tinkerer by night. I trade and tinker.

The 2017 pattern is indeed striking. If this breakout plays out similarly, we'll be watching to see if volume and institutional support can sustain the upward momentum.

Interesting parallels to 2017. If the pattern holds, we could see a strong bounce ahead. But as you said, caution is advised, and it's crucial to monitor the market's development before making any investment decisions.