Five Years of Bitcoin Trendlines All Lead to This One Point; “Fireworks” Inbound

Since Bitcoin’s genesis block was first mined, the cryptocurrency has been caught within a whirlwind that has allowed BTC to post gains that defy historical precedent.

Although the past couple of years have tempered the excitement surrounding the cryptocurrency, it is important to note that multiple bullish factors are fast approaching on the horizon, and the combination of these factors suggest that BTC could be en route to setting fresh all-time highs.

One interesting factor that should be noted is that the convergence of two key trendlines formed over the past five years coincides strikingly close with the cryptocurrency’s upcoming mining rewards halving event – signaling that “fireworks” could be imminent.

A Tale of Two Trendlines: This Pattern Suggests Bitcoin Could Be in for an Explosive Movement 

Over the past few days, Bitcoin’s price has been oscillating between the lower and upper-$8,000 region, with this ongoing consolidation phase coming at the tail end of its…