Analyst Who Predicted Bitcoin’s 2024 Pre-Halving Crash Says New BTC Breakout Is Coming – Here’s Why

Description

A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes that BTC is poised to ignite fresh rallies. Pseudonymous analyst Rekt Capital tells his 553,600 followers on the social media platform X that Bitcoin needed a weekly candle close above $119,200 to trigger a breakout from a bullish continuation pattern. With BTC closing the previous week at around $119,400, the analyst says Bitcoin is now in the process of flipping the resistance level into support and that breakout r...