Analyst: Bitcoin Is Repeating the Pattern Behind S&P’s 200% Rally

Bitcoin’s Current Correction Resembles S&P’s Pre-Bull Run, Analyst Suggests

TL;DR A recent analysis argues that Bitcoin’s current correction closely mirrors the S&P 500 before a major bull phase. The comparison highlights deep drawdowns and long consolidation that historically led to strong expansions. The analyst insists that $74,000 is the decisive structural level, meaning BTC still respects its trend. Bitcoin continues seeking stability after weeks of volatility and a decline of more than 13%. According to a market…

Analyst: Bitcoin Is Repeating the Pattern Behind S&P’s 200% Rally

A crypto analyst has suggested that Bitcoin (BTC) is tracing a historic pattern last seen in the S&P 500 before a massive 200% jump. This comparison points to a potential, though not yet certain, launch into a period of exponential growth for the world’s leading cryptocurrency. A Historical Blueprint for a Bull Run In a detailed analysis, CrediBULL Crypto drew parallels between Bitcoin’s current price action and the S&P 500’s behavior between 20…