The title says it all.
We copied and pasted the bar pattern from Bitcoin's last major ATH breakout above 20k.
There are many similarities with the recent price action as BTC reached it's last ATH of 65k:
First the price meets the last ATH, followed by a fairly large retrace. Then comes another nice pump, followed by some tightening ranging action.
If Bitcoin follows a similar pattern, we could see the price breakout above ATH around the 10th of November.
And if it continues following the pattern 85k could be possible in December.
This price is also consistent with many other metrics such as Halloween to Christmas 35% average price increase.
We copied and pasted the bar pattern from Bitcoin's last major ATH breakout above 20k.
There are many similarities with the recent price action as BTC reached it's last ATH of 65k:
First the price meets the last ATH, followed by a fairly large retrace. Then comes another nice pump, followed by some tightening ranging action.
If Bitcoin follows a similar pattern, we could see the price breakout above ATH around the 10th of November.
And if it continues following the pattern 85k could be possible in December.
This price is also consistent with many other metrics such as Halloween to Christmas 35% average price increase.