Bitcoin Fractal Suggests Ethereum Will Soon See Large Leg Higher
Bitcoin has strongly outpaced Ethereum in the past month. In the past 30 days, BTC has gained approximately 50% as ETH has only rallied by 20-30%. Analysts think that this gap will be closed in the months ahead as Ethereum is boosted higher by technical and fundamental trends. Bitcoin Fractal Analysis Indicates Ethereum to Rally Strongly Next Bitcoin has strongly outpaced Ethereum in the past month. In the past 30 days, BTC has gained approximately […]
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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 […]
Ethereum price over the last couple of years has outperformed even Bitcoin’s, making it the most bullish cryptocurrency among the top three assets. But a fractal brewing in the altcoin could make for an incredibly bearish outcome if history repeats. Here’s a closer look at the bearish cryptocurrency chart fractal potentially warning of a reversal, […]
Bitcoin may not sustain its highs after pushing as high as $11,500 on Friday evening. One trader recently noted that a simple fractal analysis suggests the coin will undergo a retracement after hitting $11,400. The trader said that the cryptocurrency has some similarities to price action around two weeks ago. While the fractal may be valid in its own right, the discussion around the next fiscal stimulus bill in the U.S. is likely to drive […]
Yearn.finance’s native token, YFI, is expected to outperform into 2021 due to fundamental and technical trends. A leading crypto-asset analyst recently shared that YFI’s recent price action looks extremely similar to that of Ethereum prior to the cryptocurrency’s major bull run in 2017. This fractal comparison suggests that Yearn.finance’s native token will undergo an extreme […]