Julien Bittel, head of macro research at financial consulting publication GlobalMacroInvestor, wrote in an article on X: "This year's Bitcoin price structure is starting to look surprisingly similar to 2019. Bitcoin has been in a consolidation phase, and interestingly, like 2019, this consolidation has lasted 175 days (so far). We are now approaching a critical moment where significant developments may occur, and next week will be very noteworthy. When we reach this potential turning point, everyone is watching Bitcoin's reaction - is it following the script of 2019 or will there be deviations? Let's wait and see. If the current market trend remains unchanged, we may see some major upward momentum

Fascinating insights on Bitcoin's price structure similarities with 2019. The upcoming days indeed seem crucial for potential developments. Let's observe closely for any deviations and possible upward momentum. Thank you for sharing this analysis!

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