UnknownUnicorn19016152

Bitcoin's fractals

Long
BITSTAMP:BTCUSD   Bitcoin
In this analysis i wanted to point out this fractal .

The one you are seeing now, is in fact the 2021 top, where bitcoin reached 65k$.

I took the fractal from the january 2021 local bottom at 30k, till the may 2021 local bottom.
The similarities are impressive and if you use a candle's chart the story is the same.

At this point i would say that it's highly probable that we will have some big moves soon and i believe the odds are on the bull's side, this time.

Hope this post can be useful for the trading view community!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.