Bitcoin / BTCUSD appears to be repeating almost the exact same pattern of Trump's 2016 election win.
The chart on the right shows that a Bull Flag set the stage for the Nov 8th 2016 elections, after which the price rallied near the 2.0 Fib extension and consolidated until Trump's Jan 20th 2017 inauguration.
What followed after that was an immediate rally a little over the 3.0 Fibonacci.
With the 2024-2025 pattern being almost identical so far, we can expect a similar rally to the 3.0 Fib, which is a little over $150k.
Previous chart:
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The chart on the right shows that a Bull Flag set the stage for the Nov 8th 2016 elections, after which the price rallied near the 2.0 Fib extension and consolidated until Trump's Jan 20th 2017 inauguration.
What followed after that was an immediate rally a little over the 3.0 Fibonacci.
With the 2024-2025 pattern being almost identical so far, we can expect a similar rally to the 3.0 Fib, which is a little over $150k.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.