Fun

What if?!

lieutenantdan - 2024-08-07 21:27:06

What if we repeat the last bull market pattern?


Bitcoin doubled topped during the last bull market.


We had the first surge over $60k, then we had a big drop, down to $40k. From there it flew way up to new highs.


Here's the setup now:


image.png


(Source: https://x.com/thescalpingpro/status/1821094596484722829/photo/1)


If history repeats we could see a similar pattern play out here.


Will it?


That is the big question.


I am certainly hoping we do but the presidential election and uncertainty around that might make it difficult.


We shall see.