June 6, 2023

Bobbys Brane

Bobbys Brane – Business & Tech Blog

Historical Bitcoin price fractal hints at rally toward $50K By Cointelegraph

1 min read

© Reuters.

(BTC) could rally toward $50,000 in 2023, according to a historical price fractal highlighted by popular market analyst Mags.

The chart fractal highlights the similarities between Bitcoin’s ongoing price trends and those recorded after the completion of the 2013–2015 bear market.

price performance comparison between 2015 and 2023. Source: TradingView/MagsU.S. 10-year weekly chart versus BTC/USD and . Source: TradingView

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