This Bitcoin Week Is 'Incredibly Important To Watch,' Analyst Says: Why A 2019 Déja-Vu May Be On The Cards
Portfolio Pulse from Khyathi Dalal
Julian Bittel, Head of Macro Research at Global Macro Investor, highlights a similarity between Bitcoin's current price structure and its 2019 behavior, suggesting a potential major market move. The coming week is crucial as Bitcoin's price consolidation mirrors 2019's duration, possibly indicating substantial upside momentum.
September 09, 2024 | 1:09 pm
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Bitcoin's current price structure is similar to 2019, suggesting a potential major market move. The next week is crucial as the price consolidation mirrors 2019's duration, possibly indicating substantial upside momentum.
The article highlights a similarity between Bitcoin's current price structure and its 2019 behavior, suggesting a potential major market move. The precise timing alignment of the current consolidation with 2019's duration has caught attention, indicating potential upside momentum if the pattern holds.
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