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JayanVarsani

BTC/USD - CAPITULATION FRACTAL | POTENTIAL CRASH IMPENDING

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Bitcoin (BITSTAMP:BTCUSD)  
JayanVarsani Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD ETHUSD Bitcoin (Cryptocurrency) crypto Cryptocurrency fx GBPUSD EURUSD Currencies
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  • BTC/USD is mimicking the price action of the last capitulation we had which took us down to sub $4000.
  • I am not insinuating that the fractal will play out exactly to similar depths, but price from a movement/behaviour perspective could very well follow suit, albeit to a lesser magnitude.
  • Fractal looking very healthy and will be observed to continue until invalidation.
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