A widely followed crypto analyst says that Bitcoin (BTC) could be brewing a repeat of its 2019 breakout after forming a similar pattern over the last few weeks.

“The BTC monthly candle is up around +38% right now. In the short term, people are FOMOing into BTC.

But in the grander scheme of the new cycle, this is hardly FOMO Macro .

FOMO will begin from $69,000 on the way to new all-time highs.”

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