📉 Bitcoin’s “Banana Zone” may be happening again! 📈
RealVision analyst Jamie Coutts wrote on the X platform that unless there is a fundamental change in the market, Bitcoin's price trend may enter a "crazy season", which is the "banana zone" coined by Raoul Paul. 🍌
Coutts analyzed Bitcoin's performance during the first two bull cycles with an accompanying chart, noting that Bitcoin hit an all-time high 365 days after the U.S. Dollar Index peaked. 🔝 According to this model, if Bitcoin continues to follow its historical bull trend, we could see Bitcoin surge over 100% from its current level of $64,000 to a high of $150,000 by the end of the year. 💥
This means that current market movements could signal a significant move higher. Investors should pay attention to market dynamics, make reasonable arrangements, and welcome the possible bull market craze! 🚀
