Bitcoin’s Breakout May Mirror Gold’s Historic Pattern, Suggesting Big Moves Ahead

Recent weeks have seen a strong resurgence in the cryptocurrency market. After suffering a 11% decline in Q1, Bitcoin (BTC) has rebounded by over 27% since the start of Q2 and is currently trading above $105,000. This surge is encouraging but some analysts believe it may signal an even bigger move for Bitcoin. They point to a powerful chart pattern reminiscent of historical trends in gold.