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๐Ÿ”ฅ Bitcoin Following 2019 Golden Cross: Best Case Scenario ๐Ÿš€

A couple of days ago I made an analysis on Bitcoin where I compared the 2023 Golden Cross with the 2019 Golden Cross. I wrote that we saw a ~12% correction in 2019 right after the Golden Cross occurred, and argued that we could be seeing a massive pump in case we followed the 2019 fractal. So far, so good!

Comparing The 2023 VS 2019 Golden Cross: Incoming Pump?


Seeing that we corrected roughly the same amount, we could also pump the same amount. If Bitcoin were to increase by ~179% from the swing low, it would bring us to a price of around $60,000 over the coming months.

Note that this is my absolute best case scenario. I believe that there's still more gains to come from this point, but doubt we're actually going to see $60,000 this year, let alone in the next few months. Reasons being the overall macro environment and Bitcoin's diminishing returns over time.

But still, a man can dream.

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