meszaros

The BCTUSD exchange rate, similarly to other crypto currencies..

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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The BCTUSD exchange rate, similarly to other crypto currencies, triggered the wave motion from panic and caused fractal movement. Here I note that the alternation of fractal motion and wave motion is a normal behavior. If the fractal property of the exchange rate remains, we can expect that the rate reduction will be greater than expected in a wave motion. For wave motion around 3200 usd levels. For fractal purposes, however, it can reach up to 800 usd levels. But there is an interesting feature of fractal . As long as the wave doubles, the fractal grows squarely. Like the elliptical trails. That is, if the fractal property remains in the long run for the exchange rate, we can expect extremely high target prices.
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