The Next Bitcoin Move is Going to Be Massive

August 2020 Bull Run:

Let’s take a look at Bitcoin’s price movement in August 2020. During that period, we saw a downtrend followed by consolidation, which ultimately led to a significant bullish run. Bitcoin surged from a low of $9,542.54 to a high of $61,728.11 USDT, marking one of its most impressive upward movements in recent history.

Moving to the 2021 Spike:

In 2021, the bullish trend continued, especially between July and September. Initially, the market experienced a bearish phase, but this was followed by a period of consolidation. This setup paved the way for a strong bull run starting in July and peaking around September 2021. The chart clearly shows how Bitcoin was able to rebound and push through new levels of resistance during this time.

2023 Bull Market Run:

Fast-forwarding to 2023, we witnessed yet another major bull run. The 2023 surge followed a similar pattern to those seen in 2020 and 2021, where the market consolidated before a significant spike. This rally saw Bitcoin reach a high of $45,835.73 USDT, further solidifying its long-term upward trajectory.

Current Market and 2024 Bull Run Prediction:

At present, Bitcoin is consolidating between $53,000 and $71,000. According to my chart analysis and predictions, Bitcoin is likely to break the $72,000 level soon. If it manages to surpass this resistance point, we could see a sharp spike, potentially reaching $90,000 or even higher.

Best regards, Engineer Nazakat Awan$BTC