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Bitcoin At $20,000 By July: Fractal Suggests BTC Has Room To Run

From ethereumworldnews.com

Price action that is seen in Bitcoin (BTC) markets seems entirely random, controlled by a select group of “whales” and “institutions” that can seemingly flash crash any digital asset with a few clicks. Yet, this is quickly turning out not to be the case. Earlier this week, we reported that one analyst, going by the moniker “Crypto Kaleo”, revealed that BTC was currently trading as a fractal (a previous bout of price action/pattern overlayed/fit onto the current chart) suggested almost exactly. In fact, as seen above, Bitcoin traced early-May’s movements to a tee, experiencing similar drops and rebounds at similar ... (full story)

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  • Category: Fundamental Analysis