What is today is what has been and what will be tomorrow.
Yes, history don't exactly repeat itself but it does follow similar pattern.
Let's use a major crypto bull run to predict what could possibly happen in the market in the next couple of weeks and months to come.
I don't want this post long, as such I will get straight up to the statistics—
(1) On the 20th October 2016, Bitcoin after halving had a liquidity shock supply, followed by the US presidential election, and ICO craziness everywhere, then the bull run lit up🔥💰
(2) On the 20th October 2020, after Bitcoin halving, liquidity shock supply, again, followed by the US presidential election, but a new narrative sufaced— the "DeFi craziness, then next is a bull run🔥💰
Fast-forward to TODAY—
What similar trend and patterns are playing out in the market right now—
(3) On the 20th Oct 2024, after Bitcoin halving, already there is a liquidity shock supply, the US presidential election will be in November, currently, there is a "Meme craziness" what will follow is a bull run.
The above are a few reoccurring fundamental research
Let's delve a bit into technical research—
Technically, every time Bitcoin do 25MA and 35MA golden cross on the monthly timeframe, what follows next is a parabolic pump.
Again, let's consult history—
In 2016-2017 bullrun after the golden cross, Bitcoin pumped over 2,300%
In 2020-2021 bull run, after the golden cross, Bitcoin pumped to over 500%
Right now, the golden cross has happened, I highly believe it's time for a parabolic pump🔥💰🚀
If history repeats itself which I'm 98% it sure will, what is coming is a dangerous wealth transfer only accessible to those who are positioned.