A closely followed crypto strategist believes Bitcoin (BTC) may be repeating a historical pattern that could suddenly send it into the six-figure range.
Analyst Ali Martinez tells his 84,100 followers on the social media platform X that Bitcoin may be gearing up for a massive breakout based on what happened in the two prior bull market cycles.
“Bitcoin is mirroring the behavior of the last two bull cycles! After surpassing its previous all-time high, BTC has been consolidating for a week. If history repeats, we could see another breakout in the next day or two, targeting ~$150,000, followed by a ~30% correction.”
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Source: Ali Martinez/X
Based on prior cycle patterns, the analyst says Bitcoin could soar more than 50% from its current value.
“During the
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