Bitcoins has started a new fractal, Bitcoin will move up quickly next week
Before we explained the repeating patterns for the Bitcoin value, we see more similarities when we dive even deeper.
Below is a comparison of both fractals:
The first fractal is from December and lasts 84 days, 38 days red and 46 days green.
If we divide this we get = 0.826
The second fractal is from this year and lasts 55 days, of which 20 days are red and 25 days green,
so this factor is = 0.800 and almost equal to 0.826
Almost the same I think:
Above the first fractal of December 2017, under the scaled fractal of this year until now.
The blue line is the start of the new fractal.
So if this repeats the past, coming week we should go up quickly...
Ask is 102 million,
there is appearing some structure in the ask line at $8100.
Coin Buying Index (CBI) is at 93% at this moment