If this up side down fractal plays out, a continuation of the bull market will happen next.
Update on my Supply / Demand Shock Chart.
Once the neckline of the Inverted Head & Shoulders pattern around $800 breaks, it is on.
Once again daily Bollinger Bands are super tight. Price prediction based on expanding Bollinger Band With.
If this fractal plays out, price will test $750 next.
In this updated version I included all government auctions.
Bitcoin recently broke out of a H&S pattern. This happened right before the 2. Halving and the 3. major supply shock in Bitcoin's history. I expect more fireworks.
The last time EMAs were nicely stacked like now was October 2013 right before the last bull run up to $1200.
You can see how the blue vertical line acts as a mirror to predict future price movement.
At all four fractals you can see how the blue vertical line acts as the "mirror" to predict future price movement.
If this plays out as the last three fractals, Bitcoin price will bounce in the yellow box for a few days or even weeks. If it breaks the upper trend line, new all time highs are in sight.