Bitcoin Echoes Past Bull Run: Whale’s High-Stakes Bet Signals Potential for Explosive Growth

The Bitcoin market is experiencing a fascinating blend of déjà vu and dramatic shifts as prices surge in line with the explosive 2017 rally. Technical analyst Merlijn The Trader believes this current move, though larger on a scale than its past iteration, represents a supercycle in progress. This prediction is bolstered by charts showcasing a similar pattern to Bitcoin’s breakout in mid-2017. However, it’s not just about the similarities; the magnitude of the gain is significantly greater.