💡Hedef Net, Famous Cryptocurrency Strategist Said the Same Happened in 2013, 2016 and 2020!

📌Although historical data do not show the future of cryptocurrencies, investors often take positions in this direction. The more these structures have been repeated in the past, the more likely we are to see them in the future. It is also important how large a portion of investors believe in the same strategy and act accordingly. The popular cryptocurrency analyst touched on important details for #Bitcoin .

🔥TechDev, one of the analysts closely followed by cryptocurrency investors, made important predictions about the markets yesterday. The anonymous crypto strategist followed by nearly half a million investors draws attention to the detail in Bitcoin's two-month chart. According to him, surprisingly, the price of $BTC may experience a significant increase.

🚀 In 2020, the Bitcoin price increased from $ 13,000 to over $ 29,000 in just two months. I think this 120 percent increase should be an example of the growth in the first quarter of 2024, but the analyst says the following;

🔎“Bitcoin's two-month candle is at the highest point of the candle body, just after reaching maximum congestion.

RSI (relative strength index) is about to break 70.

These have been the conditions that led to the last three parabolic accelerations. I think the next two-month candle will be as long as November 2020. Please beware of the collapse story that many have feared for the last eight months. We're back to the same old level. The more often it is tested, the more likely it is to break. I think even the bulls will want to break below this level at this point. Relax until proven otherwise (such as until $68,000 is recovered or the range is lost and regained again).”

*Not Investment Advice.*