Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Opinion: The price structure of Bitcoin this year is similar to that of 2019

Opinion: The price structure of Bitcoin this year is similar to that of 2019

Bitget2024/09/08 05:30

Julien Bittel, Head of Macro Research at the financial advisory publication Global Macro Investor, posted on X saying: "The structure of Bitcoin's price this year is starting to look astonishingly similar to 2019. Bitcoin has been in a consolidation phase and interestingly, just like in 2019, this consolidation has lasted for 175 days (so far). We are now approaching a critical moment where significant developments may occur; next week will be very worth watching. As we reach this potential turning point, everyone is watching Bitcoin's reaction - will it follow the script of 2019 or deviate? Let's wait and see. If the current market trend continues unchanged, we might see some significant upward momentum."

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!