Bitcoin
Long

$BTC fractal - spot on compared to 2021 for chop drop

65
BTC has shown us some violent weeks the past month or two. Now we are in the time I like to call "chop drop" - this is the chop and consolidation after some massive drops in price.

It tends to get slightly volatile in that region because you have many late shorters and many early longers battling it out. I like what I see from a fractal based on 2021.

According to that analysis, it appears (if it follows the fractal), that BTC could range between 85-95k. Based on psychological levels, I could see a range up to 100k.

In this example, the piece of the fractal I use to analyze the "chop drop" leads to a bear market in 2022 - I don't believe we enter that long of a boring/flat consolidation in 2026 though.

Once QE fully kicks in from the fed, it is likely we could see some beautiful upwards momentum, but we have a long year ahead, I do think its likely these could be the lows though!

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