The 18 BTC fractal playing out shows 2 retraces, potentially an "inverse head & shoulder" pattern formation.
If the fractal plays out and hits the 0.5 FIB, and closes above the $47.5k BTC price, BTC could see the full FIB $210k BTC, a 590% increase.
Some ALTCOINS have not had their turn.
Will BTC closes above the $47.5k on a BULLISH inverse h&s on the second retrace? Or will BTC drop and ALTCOINS moon. BTC is correlated to DJI and maybe good news will come and BTC will drag the entire market to $210k.
If the fractal plays out and hits the 0.5 FIB, and closes above the $47.5k BTC price, BTC could see the full FIB $210k BTC, a 590% increase.
Some ALTCOINS have not had their turn.
Will BTC closes above the $47.5k on a BULLISH inverse h&s on the second retrace? Or will BTC drop and ALTCOINS moon. BTC is correlated to DJI and maybe good news will come and BTC will drag the entire market to $210k.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.