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Will history repeat again?

jondoe - 2024-08-07 21:13:30

Every time Bitcoin tested this trend line it went on to make a new all time high


Will history repeat again?


Every time Bitcoin tested this trend line, it went on to make a new all time high:


image.png


(Source: https://x.com/Vivek4real_/status/1821157130981822881/photo/1)


On the flip side if we lose this trend line… it could mean a prolonged bear market.


My guess is new highs are on the way first.