#ftx #usdr #avalanche #galxe #DeFiChallenge

Is #Bitcoin    Bull Run Right Around the Corner???🤔

When the Gaussian Channel flips green for the first time after a bear market, it has marked the start of a new bull cycle.

In 2016, BTC went up by +5817%

In 2019, BTC went up by +800%

In 2023, BTC went up by + ???%

In 2016, Bitcoin started rallying as soon as the Gaussian Channel flipped green.

In 2019, we might have seen something similar if it weren't for a black swan event.

Currently (2023), price is holding nicely above the mid-band.

Even with a conservative target, if the price manages to Increase by just +300% from here, we can expect Bitcoin to reach $110k in the upcoming bull run.$BTC $BTC