BTCUSDT Analysis by @intothecryptoverse

The analyst discusses Bitcoin's price action, noting a golden cross and pullback pattern. He explains that golden crosses are lagging indicators and suggests expecting potential Q3 weakness around mid-June, possibly resulting in a 10-15% drop to approximately $93732, which must hold if the bullish cycle is to continue. However, this Q3 pull back and weakness is uncertain. The analyst compares recent patterns to those observed in 2019, 2023 and highlights the significance of maintaining the 2024 high, so that the bullish movement will continue. He also points out a potential rounded top forming now. The analyst favors keeping most of a portfolio in Bitcoin given this landscape.