Prediction Paints Bitcoin (BTC) At $1,100
Per previous reports from Ethereum World News, Bitcoin (BTC), just like a majority of other financial assets, are subject to fractals, whereas history effectively rhymes, but not repeats itself. Through Forbes, Clem Chambers, the founder of ADVFN, noted that BTC could fall to as low as $2,500, referencing the underlying patterns seen in the asset’s price action over the past 12 months.
However, using fractals in a different model, a leading crypto analyst has claimed that $2,500 will be just the beginning, recently remarking that BTC could fall to as low as $1,100 if his prediction pans out.
In a recent post issued on TradingView, a popular charting platform for cryptocurrencies, stocks, and forex, the ill-named “Magic Poop Cannon,” a Houston-based, self-proclaimed “Crypto Pop Legend,” it was explained that an “amazing fractal repetition” was discovered.
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