Bitcoin Rally Alert: M2 Money Supply Fractal Suggests Imminent Price Surge
Bitcoin (BTC) continues to experience pressure following the US blanket tariffs of 10% that went into effect on April 5. The flagship cryptocurrency declined by more than 7% in the past 24 hours before making a slight recovery, trading in the low $80,000s at the time of writing. M2 Money Supply Surge May Help Bitcoin […]
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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 XRP price is showing signs of repeating a past price pattern that once led to a strong rally. According to crypto analyst Egrag Crypto, this setup suggests a move higher in the weeks ahead. To back the bullish case, the token is currently holding its ground above support areas. Traders across the market are now waiting to see if this pattern develops into another upward move. Analyst Spots Bullish Fractal Formation In XRP Price Chart Egrag Crypto has been studying the XRP price chart and points to what he calls a repeating fractal formation. In this case, the current price structure....
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 […]
The Global M2 Money Supply has been on the rise over the last year, reaching new peaks in the process. This chart was widely applied to the Bitcoin price as analysts believed that it projected Bitcoin reaching new peaks. So far, the Bitcoin price has already climbed to $124,400 with the money supply chart, and now, analysts are applying the same Global M2 Money Supply chart to the Ethereum price, showing that the altcoin could land at 5-figures soon. What The Global M2 Money Supply Says About Ethereum Price Crypto and market analyst Ted Pillows has taken another route when it comes to....
Bitcoin has been consolidating between $10,000 and $11,000 over the past month, barely deviating from this relatively tight range. A crucial fractal analysis predicts that the cryptocurrency is primed to break out of this range in the coming days and weeks. Here’s more on why. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After […]