Bitcoin’s 2015 Fractal Indicates Price Will Continue to Increase

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In Brief
  • The Bitcoin price is possibly following a fractal from August 2015.

  • Technical indicators support the similarities between these two movements.

  • The movements differ in their preceding long-term resistance.

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The Bitcoin (BTC) price is possibly following a fractal that begins in October 2015. If it continues doing so, it will reach a high of $10,000 by May 7, at the latest. The fractal was identified by cryptocurrency trader @Yodaskkk, who tweeted two pictures while comparing the recent Bitcoin movement to that in August 2015, right before a long-term upward move began that lasted until
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Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo. In 2019, he decided to focus full-time on cryptocurrencies and trading.

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