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Bitcoin Price Mirrors Gold’s 1970 Price Rally – A Six-Figure BTC Target of $250k Next? | CoinGape

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65% Informative

Bitcoin price is following gold's historic breakout pattern from the 1970s .

The continuity of this pattern could result in the Bitcoin price rally to $ 250k or higher.

However, the bullish trajectory is on hold due to a descending broadening wedge with the key resistance at $ 84.1k .

Bitcoin currently trades at $ 83.2k and Gold near $ 3k .