🚨 BITCOIN JUST FLASHED A 1970s BULL SIGNAL
✅ Support: $110,000
🚀 Resistance: $123,000
📈 Next Target: $150,000 + (POTENTIALLY $300K)
🧵 Thread (scroll down) 👇👇👇
1️⃣ History Rhymes
- Gold ran +2,300% in 1970s stagflation
- BTC's current setup mirrors gold's breakout year
2️⃣ The Institutional Effect
Gold ETFs in 2004 = Bitcoin ETFs in 2024
📊 Both triggered multi-year bull markets
3️⃣ The 50% Rule
Every gold pullback <50% was a buying opportunity
BTC has held >50% of ATH for 450+ days
TRADER'S CHEAT SHEET:
🔴 Short-term: Watch $123K breakout
🟢 Long-term: Any dip under $110K = accumulation zone
⚡ Wildcard: Fed pivot = rocket fuel