CryptoCheck-

BTC FRACTAL - 20% Correction Possible

Short
COINBASE:BTCUSD   Bitcoin
Let's do a quick recap on Bitcoin.

I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH.

Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go.

I'm labelling this post as "short" simply for the lack of better options. I do believe the price will correct lower, but I wouldn't take a leveraged trade so close to the a new ATH.

Link to the earlier comparison with Nvidia:

___________________________
BTCUSD BTCUSDT

Discord Server
discord.gg/xHJRka3

Cryptocheck Website
thecryptocheck.com

SoftQuant Website
softquant.io
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.