ALTCOIN MCAP BREAKING OUT 🚀 ALTSEASON 2.0 IS COMING BOYZ | Eternel insatisfait on Binance Square

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ALTCOIN MCAP BREAKING OUT 🚀
ALTSEASON 2.0 IS COMING BOYZ

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Eternel insatisfait

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#BTC Bitcoin has repeated & in fact eclipsed the upside from the 2020 Candle 4 In this 2024 Candle 4, $BTC has rallied +113% after breaking its respective Four Year Cycle resistance (black) This eclipses the +108% upside generated in the 2020 Candle 4 #Crypto #Bitcoin

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A brand new #BTC Four Year Cycle has begun $BTC #Crypto #Bitcoin

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#BTC On the Daily timeframe, Bitcoin is located inside a $91000-$101000 range Bitcoin will need to Daily Close and/or retest the $101k Range High to breakout, just like in early December 2024 $BTC #Crypto #Bitcoin

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#BTC Bitcoin produced a very similar move in the 2024 Candle 4 compared to the Candle 4 of 2020 Bitcoin rallied to $108000 but ended the year at ~$93000 which was overall very close to the $96500 prediction $BTC #Crypto #Bitcoin

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#BTC There's the Weekly Close that is bringing a reclaim of the blue area as support one step closer to reality In fact, already this week BTC is showcasing initial signs of downside wicking into this area for a retest This recent Weekly Close has offered better positioning compared to the late November Weekly Close because this recent Weekly Close occurred above the blue area, technically clearing it entirely as resistance Whereas in late November, the Weekly Close occurred inside the blue area but the top of the blue area acted as resistance to still reject price into producing a downside wick into $90500 (black) While an upcoming volatile retest of the blue area is still possible, the downside wick may likely not be as volatile as the late November one More, the orange technical uptrend has still not been reclaimed which means it may still act as a resistance in the short-term but likely only to facilitate a retest of the blue area as support before becoming reclaimed in the future as well Continued stability at the blue area, even on a volatile retest, would enable a move towards the $101k resistance above (blue) $BTC #Crypto #Bitcoin

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