Inverse Chart Demonstrates Bitcoin Price Following Bear Bottom To Bull Market Fractal7.8

The leading cryptocurrency by market cap has only been around for just over a decade. Due to this, there isn’t much history in Bitcoin price charts to attempt to discover historical repeating patterns that can be used to help determine future movements.

The best example of a previous bear into bull market cycle playing out, can be found in the charts of the 2014-2015 bear market bottom, where the price of Bitcoin bounced hard into a new bull market after the final capitulation candle occurred. According to an inverse Bitcoin price chart, the current bear market bottom transforming into a bull market pattern is closely following a fractal from the 2014-2015 bear market, and it could help crypto analysts predict the upcoming price action as bullish momentum picks up steam.

Original source
https://www.newsbtc.com/2019/05/18/inverse-chart-bitcoin-price-bear-bottom-bull-market-fractal/

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