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czupryn888
Oct 26, 2023 11:54 AM

Similar situation on Bitcoin as in 2020 

Bitcoin / TetherUSBinance

Description

I think we currently have part 6, which is what happened around August 2020. A sudden increase, limited by resistance from around July 2019.
Here we have a very strong resistance around $38,000 - $40,000, which will be offset by a decline to return to the level around the current support level of $28,000 - $30,000.
July - August 2024 will be the moment to exit the trend for another bubble cycle.
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