2024-08-29 00:04:43

‍#10-Day Posting Challenge

The recent behavior of Bitcoin (BTC) suggests that it could reach a new all-time high in September 2024, if the pattern observed in 2023 is repeated. This is because the price of the coin in 2024 has shown similar movements to those of the previous year, albeit one month in advance. This analysis, conducted by the analyst known on social media as "CryptoCon", is reflected in the comparison of the price charts of both years shown below.
For example, the recent surge in Bitcoin, which took it to $65,000 (USD) as the end of August approaches, coincides with the local high recorded in September 2023, a month later. "This has worked surprisingly well," comments CryptoCon, highlighting that price patterns tend to repeat due to market psychology.

Without going any further, the recent surge in bitcoin, which reached $65,000 (USD) as the end of August approaches, coincides with the local high that the coin recorded a month later, in September 2023. 'This has gone too well,' comments CryptoCon, as price patterns tend to repeat due to market psychology.

EL-0,33%

BTC0,27%

SIN-3,57%

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