Fractal Bitcoin pattern reveals future price trends. Check out the Bitcoin smile!
Hello my fellow Steemians and Crypto investors,
I was doing a little bit of long term trend analysis on the Bitcoin charts this morning and found a familiar fractal pattern I have seen many times before:
Check out the Bitcoin smile pattern!
Bitcoin Smile pattern revealed by the arc brush tool on TradingView.com
Bitcoin Smile patterns from 2013 and 2014. Original image from megabitcoin.blogspot.com
For a more linear tracking of these fractal smiles check out John McAfee's Bitcoin Price Prediction Tracker
Were you aware of this pattern before on Bitcoin or other altcoins?
Are you familiar with how fractal patterns appear in nature and how they reflect on financial markets?
Feel free to share your thoughts on this post with the Steemit community in the comments below!
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Accumulating patiently like a professional hodler.
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Happy crypto investing!
I'm ready for that smile to go lopsided as we go to new all time highs!
Can't wait for it! hehe, regards dan!
It definitely looks like we're repeating the cycle from 2014-2015. The difference now is that the crypto economy and infrastructure is much larger.
Not to mention the fact that the crypto market is still tiny compared to the global stock/bond/precious metals markets. Crypto market still hasn't broken the $1 trillion ceiling!! The room for growth is absolutely mind-boggling.
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All crpto graphics are about fractals, that's true. Looking forward to Bitcoin's new rise in autumn.
It is going higher....Ironically you see where it caught the Bid? The trendline which is not surprising. This is only a bounce before lower unfortunately. Needed a story line to relieve the downward pressure again.
Headed below the feb lows soon...what happens there matters BEFORE IT GOES HIGHER
I will definitely download the crypto millionaire app and get more info on the market. Am sure crypto currencies is the future and with very good investment alot of money can be made here
Obviously No 1. i will keep my patience & keep steeming. Glad to have you back after many days @cryptoeagle.☺
Thanks for the information sir. Upvote and resteemed it .
Accumulating patiently or exercising trade management and not being distraught during a long term bull market.
Bitcoin vs Gold
Source: Bloomberg.com
Great and amazing post @cryptoeagle
But I want to know which is the app cryptocurrency app?
Nice article and great content.
Keep steeming my dear friend.
Thanks for sharing this post.