What if Bitcoin´s fractal from Summer of 2018 is playing out?
Bitcoin price action on this *bottom* is looking identical from the past 2018 summer-fall trading period before crashing to its 3.2k level, if this fractal plays out, it would lead to a weakening in price the rest of October to finally capitulate to reach the real bottom around 11k, this could leading to the next bull run after a consolidation on those levels.
Of course this is just a speculation but a possible scenario for Bitcoin if 20k is not rejected again this month.
Bitcoin price action on this *bottom* is looking identical from the past 2018 summer-fall trading period before crashing to its 3.2k level, if this fractal plays out, it would lead to a weakening in price the rest of October to finally capitulate to reach the real bottom around 11k, this could leading to the next bull run after a consolidation on those levels.
Of course this is just a speculation but a possible scenario for Bitcoin if 20k is not rejected again this month.
