This Eerie Bitcoin Fractal Predicts a Move to $13,000 Is Imminent


Bitcoin is shooting higher as global markets drive higher as the U.S. dollar dips lower. The price of the leading cryptocurrency hit $12,000 on Tuesday. While a rejection was had at that pivotal resistance level, which has been a level to watch, analysts remain bullish. One analyst that remains optimistic cites an eerie market fractal that predicts a move to $13,000 is likely. This fractal predicts that Bitcoin will enter a near-vertical rally in the coming two to three days. This price rally should take BTC higher by over 9%, per the fractal analysis. This Bitcoin Fractal Is Suggesting a Breakout Is Near In technical analysis terms, a fractal is when an asset’s price action is repeated or echoed on another time frame or with another asset. As Investopedia puts it, “Fractals also refer to a recurring pattern that occurs amid larger more chaotic price movements.” One analyst recently identified…

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