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BITCOIN This is what followed Trump's previous inauguration

Bitcoin / BTCUSD appears to be repeating almost the exact same pattern of Trump's 2016 election win.

The chart on the right shows that a Bull Flag set the stage for the Nov 8th 2016 elections, after which the price rallied near the 2.0 Fib extension and consolidated until Trump's Jan 20th 2017 inauguration.

What followed after that was an immediate rally a little over the 3.0 Fibonacci.

With the 2024-2025 pattern being almost identical so far, we can expect a similar rally to the 3.0 Fib, which is a little over 150k.

Previous chart:

BTCUSD Falling Wedge made a bottom. Short term buy signal.


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