Crypto Analyst Sees Bitcoin (BTC) Mirroring Gold’s Parabolic Breakout of 2024 – Here’s His Outlook
A crypto strategist known for nailing the 2022 Bitcoin bottom says that BTC may be on the verge of igniting a parabolic surge.
In a new strategy session, pseudonymous analyst DonAlt tells his 66,600 YouTube subscribers that Bitcoin may be mirroring gold’s 2024 price action, when the precious metal struggled to clear resistance at $2,100 for multiple weeks before sparking a huge upside burst.
According to the analyst, Bitcoin is likely consolidating below $110,000 to set the stage for a breakout and a parabolic rally to new all-time high prices.
“Look at the $2,000-ish level [of gold]. This is the kind of asset we are now. If you expect anything else other than this, I think you’re just wrong…
You see that breakout…
