Pattern Not Seen Since 2020 Is On Bitcoin Chart Right Now!

It was expected for Bitcoin to stop its downward momentum at the current support line the question is what's the next move for Bitcoin can we expect crazy weekend or a boring one?

The market seem to experience some sort of fatigue when it comes to crypto action, it has been boring for quite some time and to be honest I do miss the Bull run action! I am sure you do to if you have been here during the 2020-21 run!

There are some rumors on the internet that the crypto Alt season will be in January 2024 if that was to be true we need to have Bitcoin to pump hard because that is the way it all moves in crypto - Bitcoin first, then the alts, and the rest of the crypto and it all ends with meme coins!

The fact that we are at the end of September tells us there is only 3months till the end of the year. 

Last year at this day Bitcoin was going sideways before the last final big dump 44 days later.

Two years ago on the other hand it was getting started with its final peak 7 days later!

The same day in 2020 15 days later - massive run up!

Taking all that into consideration and the fact that there is a squeeze on the chart like I have mentioned in my previous article. I conclude there is a certainly massive move coming maybe not this weekend or next week but within the next 14 days. I will call it the beginning of the Bull Run!

It might sound crazy but judging what has been happening on the chart it might actually be! Look at the chart below and notice how the chart patterns from the 2020 and 2023 look very similar. Of course the pattern in 2020 has more upside structure, but this should tell us quite enough!

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All The Best,

Aventurine!