Bitcoin doubled topped during the last bull market.
We had the first surge over $60k, then we had a big drop, down to $40k. From there it flew way up to new highs.
Here's the setup now:
(Source: https://x.com/thescalpingpro/status/1821094596484722829/photo/1)
If history repeats we could see a similar pattern play out here.
Will it?
That is the big question.
I am certainly hoping we do but the presidential election and uncertainty around that might make it difficult.
We shall see.