#BTCReclaims120K ๐จ BITCOIN JUST FLASHED A 1970s-STYLE BULL SIGNAL ๐จ
โ Support: $110,000
๐ Resistance: $123,000
๐ Next Target: $150,000+ (and potentially $300K)
๐งต Thread (scroll down) ๐๐๐
1๏ธโฃ History Rhymes
๐ In the 1970s stagflation era, Gold soared +2,300%.
๐ BTCโs current setup is mirroring goldโs breakout year โ macro stress + hard asset demand = perfect storm.
2๏ธโฃ The Institutional Effect
๐ฆ Gold ETFs in 2004 = Bitcoin ETFs in 2024
๐ Both unleashed multi-year bull markets as institutions piled in.
3๏ธโฃ The 50% Rule
๐ช Every gold pullback under 50% from ATH was a prime buying zone.
๐ช BTC has stayed above 50% of its ATH for 450+ days โ rock-solid bullish structure.
TRADER'S CHEAT SHEET
๐ด Short-Term: Watch $123K breakout for explosive upside.
๐ข Long-Term: Any dip under $110K = accumulation goldmine.
โก Wildcard: Fed pivot could act as rocket fuel.
Buy and trade now $BTC
#BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert #CryptoIn401k