๐ฅ BTC vs Gold โ A Work of Art! ๐จโจ
The charts show a striking similarity in price cycles between Bitcoin (left) and Gold (right) across the years:
1๏ธโฃ Both assets had a major *dip* (Point 1) before bouncing back.
2๏ธโฃ Followed by a *consolidation* or second dip (Point 2) testing support.
3๏ธโฃ Then, a *breakout* above the previous all-time high (Point 3).
4๏ธโฃ A *pullback* to confirm the breakout as support (Point 4).
5๏ธโฃ Finally, a *massive rally* (Point 5) pushing prices to new heights ๐๐ฐ.
๐ Timeline wise:
- Bitcoin is now roughly where Gold was around 2017-18 before its huge surge.
- This suggests BTC could be gearing up for a similar explosive run in the next 1-2 years!
๐ฎ Predictions:
If BTC follows Goldโs historic pattern,130k+ targets and beyond arenโt far off.
The chart is a beautiful reminder that Bitcoin might just be the โdigital goldโ in action. ๐ฅ๐