Price Discovery 1 Achieved; Bitcoin eyeing Price Discovery 2 Beyond $105K

On May 12, 2025, BTC touched $105k, signalling the first price discovery phase. But the interesting part is that BTC is just at 85% of the bull phase, which means there’s room for improvement. If you look at the chart below; 

You can see a trend repetition in 2017, 2021, and we are likely seeing the same building up in 2025. With history always repeating for BTC, we could very well see the next price discovery, aka Price Discovery 2, if BTC ever sneaks past the $109K mark anytime soon.