Crypto Bull Claims Bitcoin (BTC) May Fall To $2,500 Before Rally

Clem Chambers, the founder of ADVFN and an active Forbes contributor, recently took to his column to talk about Bitcoin (BTC), and his expectations for the asset in upcoming marks. Using fractal analysis, which is effectively taking historical moves into account to predict futures bouts of price action, Chambers determined that this somewhat repeating pattern may be happening with the flagship cryptocurrency’s chart.

In fact, he determined that BTC’s sudden downturn from November to now might have been a fractal of January to October’s downturn, which saw the foremost crypto asset fall from $20,000 to $6,000 in a move that shook investors across the globe.

Original source
https://ethereumworldnews.com/crypto-bull-claims-bitcoin-could-fall-2500-before-rally/

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