This pattern was a meaningful fractal of the past. You may call it amateur luck or godlike skill to have the right fractal picked out by me.
But i think that this fractal is only half right. This fractal will probably not play out that good in future moves. It may be that bitcoin climbs higher than painted by the fractal. Just because this thing was built in a different time back then in 2019. And now there is MUCH more involvment around crypto and the NFT rise.
here you see my first Trading-Idea for Bitcoin. The red one played out.
Dont take this analysis too serious, nobody knows were this sucker is heading.
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.