🤔 Will BTC Surge in Q4 2024? Key Technical Patterns to Watch!!!

Based on technical analysis, the current phase of $BTC closely mirrors the 2020 cycle, when the price repeatedly touched the lower edge of the trendline

The last touch was during the black swan event of COVID-19, which sparked a strong market rally

👉 Currently, $BTC has touched the lower trendline 4 times, with the most recent being after the Yen Carry Trade event, which caused significant volatility in both the stock and crypto markets on August 5th, 2024.

Based on historical data, $BTC could break through the recent high around the 65,000 USD, establishing a new uptrend. This could set the stage for a strong growth phase in Q4 2024 💪