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Bitcoin may be forming a lower high before another major drop into mid-August. That would be painful short term, but it could also give us the best accumulation opportunity before the next bull market. I’m watching the bounce closely, but I’m not convinced the bottom is in.

Philakone

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28,311 Aufrufe • vor 1 Monat •via X (Twitter)

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🚨 BITCOIN MAY BE ABOUT TO REPEAT GOLD’S 1972 CRASH. Before gold went into its historic parabolic rally, it printed a lower high and then completely flushed to the bottom of the channel. Bitcoin has already printed that same lower high. If this fractal continues, $47,000 could be the final bottom before the real rally begins.

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