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đŸ”„ #bitcoin    is currently testing the falling trendline resistance coming from the ATH for the 5th time. This trendline has acted as a strong resistance in the past, with price trading below it for the last 910 days. A Weekly close above this level would be incredibly bullish🚀 $BTC

đŸ”„ #bitcoin    is currently testing the falling trendline resistance coming from the ATH for the 5th time.

This trendline has acted as a strong resistance in the past, with price trading below it for the last 910 days.

A Weekly close above this level would be incredibly bullish🚀

$BTC

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BNB Price Prediction: 2024, 2025, 2030
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Solana Price Prediction: 2024, 2025, 2030
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#Bitcoin - This is the longest consolidation Each cycle, we have noticed a similar pattern where Bitcoin consolidates near the all-time highs before it enters price discovery. Out of all consolidations, the current one is the longest. In 2017, BTC consolidated for 48 days before breakout In 2020, BTC consolidated for 21 days before breakout In 2024, currently BTC is consolidating for the past 87 days and counting. Once price breaks out of this consolidation range, we are going to witness a massive upside rally. $BTC
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What can Gold ETFs tell us about Bitcoin? As @Vivek4real_ mentions, it took Bitcoin 5 months to get 15 Billion in inflows, versus 5 YEARS for Gold. In those 5 years, Gold price doubled, but then they doubled again in the next two years, even without any new flows. Bitcoin has just about doubled in price since the ETF was announced. But it did so off of a market cap 0f 0.7 Trillion, versus 2.6 Trillion for Gold. So we should really expect a MUCH bigger move just off the flows so far. Not 2x, but maybe 4x (just proportional to market cap) It also suggests regardless of flows, we could do another 2x just as a "continuation". In other words: Number is going to go up. A lot. #TopCoinsJune2024 #BTC $BTC
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BNB Hits ATH After Presale Launch for Binance-Chain’s Store-of-Value Token & Spot ETF Rumors
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