Measured targets off the recent bear flag could take us to testing the $6k local low.
Many think the Bitcoin parabolic trend has been broken.... but has it?!
If this BTC fractal is maintained it points to bullish continuation from this point.
BTC correction could be nearing a conclusion near the $5,000 range.
Maybe the most outlandish Bitcoin fractal I've ever drawn, but it's entertaining.
Bitcoin is showing signs of a bearish reversal, but with the Segwit2x hard fork in 10 days, heavy buying is expected to ensure. Potential for short term retracement to bottom of rising wedge, followed by run back to top of wedge prior to the fork, ending with a sell off following hard fork completion and breakdown of wedge pattern.
Fractals showing possible BTC bull run back to top of channel, targeting neighborhood of $7,500 early to mid November before next retracement. Break of channel to the upside very bullish.
VIA is completing a multi-year cup and handle. Generally the bigger the pattern, the bigger the move. Completion of a multi-year cup and handle could result in a significant bull trend, which feels strange to say as the depth of the cup is already a 15,000% gain. Even a relatively modest bull estimate (in crypto terms) at the 2.618 Fibonacci extension of the...
We've seen this Bitcoin behavior before, haven't we? Current behavior at $5,000 looks eerily similar to runs up to $1,300 and $3,000.