Markets· ★★· bullish·

Analyst Killa says bitcoin is repeating its 2023 bull-market structure

  • —Killa compared the current BTC chart with 2023, when a range breakout led to a sustained rally
  • —In 2023 BTC never fell back below the prior high and formed a higher low
  • —The new scenario allows for a low above $74,000, below his earlier $80,000 call
Why it matters: If the 2023 pattern repeats, holding the prior range as support would confirm bitcoin's uptrend is intact.
Source: Blockmedia