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Bitcoinist 2020-05-16 01:00:15

Fractal Analysis: Bitcoin Looks 76% Like it Did Before Rallying to $20,000

After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 earlier Friday morning. Some fear that this hesitance around the key resistance of $10,000 is indicative of BTC returning to a bear trend. An analysis by a popular trader, however, indicates that the ongoing Bitcoin price action is looking much like it did prior to BTC rallying from $500 to $20,000 over the span of […]

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