Technical analyst Merlijn The Trader compares Bitcoin's 2025 rally to the 2017 one, noting a similar pattern but on a much larger scale.The current Bitcoin chart shows potential for exponential gains as it surpasses $100,000, with similarities to the breakout stages seen in 2017.A whale trader placed a $100M+ long bet at $105,890, which turned out to be near the market peak, risking liquidation at $104,600.While analysts predict a bullish supercycle, caution is advised due to short-term volatility and risks associated with high-leverage positions.