Déjà vu: Bitcoin's 2015 fractal suggests a possible $50K journey. Time to buckle up?
The chart fractal highlights the similarities between Bitcoin’s ongoing price trends and those recorded after the completion of theThat includes Bitcoin’s consolidation inside the $200–$300 range between January 2015 and August 2015, which appears identical to its consolidation between the $18,500–$25,000 range after the supposed completion of its 2021–2022 bear market.
Since this resulted in a rally toward $700 in June 2016, the analyst sees the scenario potentially repeating in 2023, with BTC’s price doubling to $50,000. “Being bearish here [when Bitcoin’s price is around $28,000] is like being bearish at $350,” Mags added.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Suspect in fatal Dallas Koreatown shooting Monday accused of assault in 2015, records showWan-Byuk Cho, 62, who was arrested Monday evening in connection with a fatal shooting of Chong Sun Wargny, 53, a bar owner in Koreatown, was accused of...
Weiterlesen »
Microstrategy's Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins – Bitcoin News“Microstrategy has acquired an additional 1,045 bitcoin for $29.3 million at an average price of $28,016 per bitcoin,” Saylor said on Wednesday.
Weiterlesen »
Guest Post by Internet_Computer: Chain-Key Bitcoin: A Decentralized Bitcoin Twin | CoinMarketCapChain-Key Bitcoin (ckBTC) is now live on the Internet Computer, bringing true decentralization to DeFi and the blockchain space.
Weiterlesen »
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase – Mining Bitcoin NewsOn April 6, 2023, Bitcoin's difficulty rose 2.23% higher at block height 784,224, touching another all-time high.
Weiterlesen »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls – Bitcoin NewsBitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release.
Weiterlesen »
Tattooing Bitcoin: Advocates wear cryptocurrency on their sleeveNeedles and hodling: Bitcoin devotees wear their passion on their sleeve, ink and all. (Reporting via JoeNakamoto)
Weiterlesen »