A crypto strategist known for nailing the Bitcoin floor of 2022 says that BTC may be about to ignite a parabolic increase.
In a new strategy session, pseudonym Donalt tells his 66,600 YouTube subscribers that Bitcoin reflects the price action 2024 in 2024, when it struggled to erase resistance to $ 2,100 for several weeks before he caused a huge upward burst.
According to the analyst, Bitcoin probably consolidates under $ 110,000 to determine the scene for a breakout and a parabolic rally for new all -time high prices.
“Look at the level of $ 2,000-like [of gold]. This is the kind of active that we are now. If you expect something other than this, I think you’re just wrong …
You see that breakout level that has been tested four times, and you [had] false breakouts … I mean [gold] Made not longest, and then it just went up forever, which is a bit crazy to observe.
But in fact I feel that we are now active, where you will flirt about three or four times with the same level and people lose all their money before it breaks out. “
At the time of writing, Gold is worth $ 3,368, while Bitcoin acts for $ 102,114.
https://www.youtube.com/watch?v=utwausxyod4
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