Bitcoin has continued to hover above the $100,000 mark over the past few days, and its price action has stabilized around $105,000 in the wake of recent market tensions and despite inflows into Spot Bitcoin ETFs. A new analysis shared by crypto market commentator Gert van Lagen suggests that this current phase is going to precede an explosive move similar to those seen in previous market cycles. Backing his prediction with historical data and Glassnode’s AVIV Ratio chart, the analyst noted that the current on-chain structure echoes moments before Bitcoin’s major rallies in past bull markets. AVIV Ratio Flashes Familiar Pattern Before Market Top Bitcoin’s price volatility has slightly cooled since the initial surge to a new all-time high above $111,800 in May, and the latest candlestick structure suggests it may be preparing for another leg higher
source: https://www.newsbtc.com/news/bitcoin/bitcoin-could-rise-3x-to-300000/