Fractal From Last Bull Run Says Bitcoin Will Hit $100K By May

2021 02 25 08.25.35 980x497

Bitcoin price is back over $50,000 after bullish news broke this morning regarding Coinbase officially filing to go public. However, according to a fractal from the last bull market cycle kicking off in early 2017, that number could be merely the halfway point to where the cryptocurrency will trade in just two months from now. Here’s a look at the similarities between the two cycles, and the roadmap that takes the price per BTC to $100,000 and higher within the next couple of months. Characteristic Bitcoin Volatility Returns, Price Swings Reach $10,000 In A Single Day Bitcoin volatility is picking up, starting with an explosive move from $10,000 to $50,000 in a few short months. The complete repricing of the coin has been due to institutional investors scrambling to buy what they can of the scarce crypto asset. At only 21 million coins and a market cap of under $1…

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