A sizeable rally for Bitcoin (BTC) is a very likely scenario in the coming days.

In a new strategy session, patterns in BTC’s historic price actions show an upcoming 20-30% rally

Since early 2021, whenever Bitcoin hits a massive price dip, it usually falls below that point again in the following days or weeks before rallying. BTC may be in the phase of this process where it’s ready to surge.

A price of somewhere between $50,000 and $53,000 makes the most sense as a target for a relief rally given that sellers are likely to defend that range as resistance.

However, Bitcoin will have to kick off its rally by breaking through the $45,600 mark first.