The remarkable part in the chart is Bitcoin creating a similar pattern. After entering a consolidation period, as it did in December 2023, it initiated a strong upward wave. Currently, a similar bottom formation is forming again. If the same pattern repeats, the target price could reach levels of 89,000.
Dip formations always offer great opportunities; so it could be a moment not to be missed when looking back.
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$BTC 55,133$
Will 89K come soon?
The remarkable part in the chart is Bitcoin creating a similar pattern. After entering a consolidation period, as it did in December 2023, it initiated a strong upward wave. Currently, a similar bottom formation is forming again. If the same pattern repeats, the target price could reach levels of 89,000.
Dip formations always offer great opportunities; so it could be a moment not to be missed when looking back.
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