Crypto strategist known for nailing the bottom of 2022 Bitcoin said that BTC could be trying to spark a surge in parabolic surge.
In a new strategy session, pseudonymous analyst Donald tells 66,600 YouTube subscribers that Bitcoin may reflect Gold’s 2024 price action.
Analysts say Bitcoin is setting the stage for a breakout below $110,000, potentially setting a stage for a breakout and setting a staged rally at the highest price ever.
“Look at the (money) $2,000 level. This is the kind of asset we are in right now. If you’re hoping for something else, I think you’re just wrong…
You saw that breakout level tested four times, you had the wrong breakout… i.e. (Fri) didn’t move for a long time, and it just rose forever, it’s kind of nut to observe.
But basically, we are now that we are assets and you cheate on the same level like three or four times, people are going to lose all the money before it breaks out. ”
Source: Donalt/YouTube
At the time of writing, gold is worth $3,368, while Bitcoin is trading at $102,114.
https://www.youtube.com/watch?v=utwausxyod4
Generated Image: Midjourney
