$BTC THE AUGUST BULL MOVE LOOKS FAMILIAR 👀🚀
Bitcoin spent nearly two months under pressure, but now the chart has suddenly changed.
After falling toward the $60K area in late June, BTC has rebounded sharply and is now back around $77K. That’s roughly a 25% recovery from the June low, with this week alone producing one of BTC’s strongest moves in years.
And history gets interesting here 👀
August 2017 saw BTC explode nearly 64% after its previous consolidation. August 2020 and 2021 also finished green. But the pattern is NOT guaranteed, because several recent Augusts were strongly negative.
The big question now is simple:
Is this another temporary recovery, or is BTC starting a much bigger post correction rally?
If $79.5K breaks cleanly, I’ll be watching $80K+ next. 🔥
$BTC
Bitcoin spent nearly two months under pressure, but now the chart has suddenly changed.
After falling toward the $60K area in late June, BTC has rebounded sharply and is now back around $77K. That’s roughly a 25% recovery from the June low, with this week alone producing one of BTC’s strongest moves in years.
And history gets interesting here 👀
August 2017 saw BTC explode nearly 64% after its previous consolidation. August 2020 and 2021 also finished green. But the pattern is NOT guaranteed, because several recent Augusts were strongly negative.
The big question now is simple:
Is this another temporary recovery, or is BTC starting a much bigger post correction rally?
If $79.5K breaks cleanly, I’ll be watching $80K+ next. 🔥
$BTC