Analyst Who Called Bitcoin Drop Thinks $14,000 Is Next Due to Fractal

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Bitcoin has dropped dramatically since the $15,975 highs seen earlier this week, falling as low as $14,300. The coin currently trades for $15,000 after a strong bounce. Analysts see this as bullish as the low-$14,000s held as support. Though, an analyst expects $14,000 to soon be tested by the leading cryptocurrency. The analyst shared a fractal showing that the recent price action now looks similar to that seen in the 2017 rally. Bitcoin Could Soon Retest $14,000, Key Fractal Analysis Shows Bitcoin has dropped dramatically since the $15,975 highs seen earlier this week. The leading cryptocurrency traded as low as $14,300 earlier today, though has since bounced back toward $15,000. Analysts see this as bullish as the low-$14,000s held as support. $14,000 has long been a level of technical importance for Bitcoin. It acted as the highs during 2019’s summer rally, along with it also marking the 2017 yearly candle…

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