This 2017 Fractal Suggests Bitcoin is About to Go Parabolic
Bitcoin has seen some strong price action following its recent dip down to lows of $17,600 The support here allowed bulls to establish this level as a mid-term bottom, and it has been rising ever since Where it trends next will depend largely on the continued reaction to the support existing at $19,000, as the flip of this level from resistance to support has been promising Another sustained break below this level could be a […]
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XRP is at the center of ultra-bullish calls after two crypto commentators pointed to a 2017-style fractal as the basis for a major breakout. The latest discussion started with analyst CryptoBull, who predicted that the XRP price is on track for $10 to $11 by the end of March if its price action continues to follow its 2017 structure. That outlook then led to a much bigger response from Remi Relief, who said his own conservative target for this cycle is four digits between $1,200 and $1,700. Related Reading: Solana Stablecoins Hit $650 Billion In Monthly Transactions CryptoBull’s Fractal....
Bitcoin today smashed above $20,000 and recaptured mainstream media headlines everywhere. FOMO is now full steam, and there’s no telling where the cryptocurrency might stop – unless a fractal forming plays out exactly as it has in past instances of the repeating pattern. Bulls need to fear not, however, as the same fractal suggests that […]
The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the recent price action. What’s notable, is that the same fractal suggests that […]
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Bitcoin has undergone a strong rally over the past two weeks, rallying to $13,800. This consolidation may soon end, fractals suggest. These fractals showed that BTC will enter a parabolic surge higher that will likely bring it towards $15,000. Assuming the fractal plays out to a T, this rally could begin as soon as tomorrow. Bitcoin Likely to Continue Higher, Fractal Predicts Bitcoin has undergone a strong rally over the past two weeks. The coin […]