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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
Get Token Mystery Boxes based on your Alpha Points - No points will be deducted.
📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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**Bitcoin's 2024 Price Trends Show Parallels to 2019, Analyst Reports**
Julien Bittel, Head of Macro Research at Global Macro Investor, recently discussed on X that Bitcoin’s price behavior in 2024 closely mirrors its pattern from 2019. According to Bittel, Bitcoin has been consolidating for 175 days this year, matching the length of its consolidation phase in 2019.
Bittel suggested that the market is nearing a pivotal moment, with the coming week likely to be crucial as investors watch Bitcoin's response to this potential turning point. The key issue is whether Bitcoin will follow the 2019 trajectory or take a different path. If the current trend continues, Bittel anticipates significant upward momentum for Bitcoin’s price.