![](https://images.ecency.com/DQmV9m28ghdphhMELVsxTuKH9hWMkq5A5ZrrLHuJKiAFiHG/11.png)
Did gold just frontrun us, will Bitcoin next? On monthly chart Gold broke out of resistance then consolidation for a few months, then boom. Gold have been in a cup & handle formed over 10 years, this should hit 3k+ short term and 4k in the end. Been saying it for years, and so do the banks think, they dont even trust theire own "paper" money..
![](https://images.ecency.com/DQmNNTdXfjmo8zrHTxPdDnq3veXigpFCa2hjtGXPHSayFF3/image.png)
So Bitcoin, halving completed and not much price-wise has happened, we are rangebound between 73-59k. (the white box as gold did) As mentioned in the previous post.
16 days until halving. Either we get an easy ride, keep the pattern or we get a dump. Lvl of interest if $60k,8 is broken is 59k, 57k, 52k. (a 30% drop from the high is in line with previous cycles.) But after halving compared to previous cycle BTC went sideways for a few months and ALTS went up 150%..
So maybe it's time to go sidewas for a few months like we've done before. We get no direction until we have a monthly candle close above or below, if below I think guaranteed to see 50k and probably lower, close above -> bullrun parabolic phase we all are waiting for right? What do you think @mypathtofire 😃
![](https://images.ecency.com/DQmZ4MmBSX15jRA6Bo596CgNF3g9Gtm3v5rKjhyP3fLA3Y7/image.png)
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Christopher
Kristiansand, Norway
Source: Photos are chart-screenshots by me from Tradingview.com
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