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Japan’s Recent Crash Signaling the Start of the Crypto Bull Run

Written By: ChartChamp

August 6, 2024

In my video with Mike Fay we discussed Japan’s Nikkei 225 Index, and I found something very shocking on the charts. NKY’s last crash was on Feb. 20, 2020, which sparked the start of the crypto bull run. I think NKY’s current crash has a strong resemblance to the COVID crash, and both occurred around the time of the crypto halving. I shared my thoughts in the video, I think Bitcoin could form a bullish breakout on this next upswing. For now $63k is a key level to break and then $69k is the next key level for a bullish breakout.

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