Attention, crypto fans! 💥 What do a historical pattern of Bitcoin and a political appointment in the United States have in common? Well, both are lighting the fuse for a rocket that could send BTC to the moon, or even beyond!
Hold on tight, because curves are coming! 📈 A crypto analyst is shouting from the rooftops that the price of Bitcoin is about to explode. The reason? A signal has just repeated itself that, historically, has been like the siren of an ambulance: “Get ready for the surge!” We're talking about the famous "golden cross" on the weekly chart, a pattern that has preceded monstrous increases in 2016, 2017, and 2020. Imagine, increases of 139%, 2200%, and 1190%! With this signal back, people are going crazy thinking another epic rally is coming.
But that's not all, folks. Politics is also getting involved. 🏛️ It turns out that Donald Trump has just nominated Stephen Miran for the Federal Reserve of the U.S. And this Miran is not just any guy; he is a supporter of cryptocurrencies and softer monetary policies, which has historically been great for Bitcoin. It's as if the universe is conspiring: a technical pattern that never fails and a potential political change that favors Bitcoin. An explosive combo! 💣
And for those who like to go beyond the charts, the on-chain metrics are smoking hot 🔥. The Stock-to-Flow (S2F), which measures Bitcoin's scarcity, is at a new record, and the Z-score of MVRV, which analyzes market value, is still not "overheated," meaning there is still plenty of room to grow without the risk of an imminent collapse. In other words, the ground is fertile, the seeds are sown, and the sun is shining bright.
In short: the stars are aligning for Bitcoin. If the key support line holds, we could see the king of cryptos break barriers and, who knows, maybe conquer a new all-time high. But, as always, in this world, one must stay alert 👀.
Do you think this time history will repeat itself and Bitcoin will give us the ride of our lives, or will it be different? 🤔$BTC
