Is #Bitcoin Bull Run Right Around the Corner???🤔
When the Gaussian Channel flips green for the first time after a bear market, it has marked the start of a new bull cycle.
In 2016, BTC went up by +5817%
In 2019, BTC went up by +800%
In 2023, BTC went up by + ???%
In 2016, Bitcoin started rallying as soon as the Gaussian Channel flipped green.
In 2019, we might have seen something similar if it weren't for a black swan event.
Currently (2023), price is holding nicely above the mid-band.
Even with a conservative target, if the price manages to Increase by just +300% from here, we can expect Bitcoin to reach $110k in the upcoming bull run.
$BTC $ETH $BNB
