We've seen this pattern before, need the current price to hold though

We have seen this exact same pattern before...

Back in 2012 we saw the same setup as we are seeing right now.

Check it out:

(Source: https://twitter.com/BTCfuel/status/1495418255342804998/photo/1)

The interesting thing is that it was around the same time in the bitcoin halving cycle.

Will history repeat again?!

If it does it means we make new highs later this year...

The caveat is that the price basically needs to hold $38k area right here otherwise the pattern has been invalidated...