- Bitcoin history set to repeat itself this bull market.
- Reputed analyst sees a similar dump and pump to ATH pattern of 2021.
- The trigger could come from Trump’s Crypto Summit at the White House.
With the price of Bitcoin (BTC) back over the $90,000 price mark, expectations for the long-awaited next BTC ATH ignites once again. Many seasoned analysts have been adamant that BTC price will pump after the heavy correction of the past week. At the moment, one analyst states, Bitcoin history set to repeat itself.
In detail, this prediction comes from the silver-tongued crypto analyst, Doctor Profit, who made many accurate predictions this cycle. As for Bitcoin alone, the analyst expects bullish action from the pioneer crypto asset and believe the peak of this ongoing bull cycle is yet to take place in the ongoing bull market.
Bitcoin History Set to Repeat Itself
As we can see from the post above, Doctor Profit says Bitcoin history set to repeat itself as the pioneer crypto asset prepares to make a bullish pump after a correction, a pattern that is similar to that of the massive bull pump in 2021. This moment in time BTC fell from $60,000 to $30,000 and then back up to $60,000 to set a new ATH. Similarly, Doctor Profit believes another similar pattern will occur once again.
A Massive BTC Bull Pump Nears
He also highlights how last time, the actions of Jack Dorsey, Nayib Bukele, and Elon Musk led to the pump event, and this time the event will likely come from Trump. Perhaps the highly-anticipated Crypto Summit at the White House will act as a platform for Bitcoin’s inevitable bull pump this cycle? All in all, Doctor Profit predicts the pump is close.