Bitcoin’s Eye For $180K Surge: These Bullish Patterns Pointing to a Big Breakout?
The post Bitcoin’s Eye For $180K Surge: These Bullish Patterns Pointing to a Big Breakout? appeared first on Coinpedia Fintech News
After a big rise of 35% from August 5 to August 16, Bitcoin (BTC) has recently pulled back. Despite this drop, the overall trend for crypto prices is still positive, sparking hope among traders and investors. Bitcoin has just climbed back above $61,000, hinting at a possible recovery and exciting times ahead for the market.
Historical Patterns Hints Upcoming Bull RunProminent Bitcoin analyst Kyle Chasse pointed out that it has been 162 days since Bitcoin’s last all-time high, suggesting a potential upward movement based on past trends. In previous market cycles, Bitcoin took 209 days and 188 days to recover after reaching a peak.
It’s been 162 days since last all-time high.
Previous cycles it took 209 days and 188 days respectively.
We’re moments away from a PUMP! 