A popular crypto strategist says that the current Bitcoin (BTC) rally is mirroring a pattern that preceded the king crypto’s massive eruption in 2019.
Pseudonymous analyst Smart Contracter tells his 218,100 Twitter followers that Bitcoin is likely to dominate the crypto markets in a repeat performance of its 2019 burst.
“BTC finally broke its $18,400 horizontal highs. BTC dominance going on run and most conditioned to be all in alts. [Definitely] starting to feel more and more like an April 2019 moment every day.”
Trending: The Left Wants To Take Your Truck Because It’s Big And Scary
Source: Smart Contracter/Twitter
BTC opened in April 2019 at $4,102 and ended in June 2019 having hit a high of $13,970 – a 240% gain.
Smart Contracter’s charts also include the Bitcoin Dominance index (BTC.D). The BTC.D chart tracks how much
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!