Bitcoin Bullish Fractal vs. April 2011 - Up Only
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Bitcoin is attempting to break out of a 6-month consolidation. This is the 2nd base from the bottom, very similar to the price action in 2011. It has also completed the same 7-wave correction. This fractal suggests that Bitcoin may go up only from here.
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This fractal played out well. It suggests the next corrections may be shallow, less than 20% until 240K.
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