BTC fractal analysis, possible targets 17000$ and 24000$
This fractal has been taken from 3k-4k accumulation zone.
Fractal has been adjusted in shape, made smaller and shorter based on shorter accumulation period, 3 months current triangle vs 6 month triangle in 3k-4k price range.
The result is incredibly similar and optimistic.
First target is 17000$, then a 13500$ correction, then a 20000$ and a new all-time-high in the end, close to 25k. After that a bear market cycle begins with targets close to 10000$ back again.
Fractal has been adjusted in shape, made smaller and shorter based on shorter accumulation period, 3 months current triangle vs 6 month triangle in 3k-4k price range.
The result is incredibly similar and optimistic.
First target is 17000$, then a 13500$ correction, then a 20000$ and a new all-time-high in the end, close to 25k. After that a bear market cycle begins with targets close to 10000$ back again.