Well here it is again, the good old 2012 rally.
So far, it still has some similarities. But unfortunately with fractals we can find similarities everywhere, so it of course will not magically tell us that this is exactly how the rally will look :/
But is still interesting to see. The gold fractal doesn't fit any more, because it would have needed to dump at 13k, but it just ignored that resistance.
So therefore maybe this fractal is a more accurate one.
With the Ledger X futures approval, and Bakkt not far away, I can definitely see this beast hitting ATH, or a bit above.
Then a few months of sideways, until the big one then comes next year right for halving.
However, we could also see BTC just continue to climb well above 30k directly from here.
I am quite unsure, since BTC is ignoring any TA at the moment, hehe.
But still fun to speculate.
So far, it still has some similarities. But unfortunately with fractals we can find similarities everywhere, so it of course will not magically tell us that this is exactly how the rally will look :/
But is still interesting to see. The gold fractal doesn't fit any more, because it would have needed to dump at 13k, but it just ignored that resistance.
So therefore maybe this fractal is a more accurate one.
With the Ledger X futures approval, and Bakkt not far away, I can definitely see this beast hitting ATH, or a bit above.
Then a few months of sideways, until the big one then comes next year right for halving.
However, we could also see BTC just continue to climb well above 30k directly from here.
I am quite unsure, since BTC is ignoring any TA at the moment, hehe.
But still fun to speculate.