27-09-2019 21:00 via newsbtc.com

Gold Fractal Predicted Bitcoin Distribution, Up Next Is Two Years of Sideways

Throughout much of 2019, Bitcoin’s store of value narrative took a back seat to a new narrative developing around looming economic recession and the asset’s scarcity making it a safe haven asset much like gold.
Bitcoin has had many comparisons to the precious metal, and is considered to be its digital counterpart. But Bitcoin also appears to be following a fractal on gold charts – one that would have predicted the recent drop from a triangle chart pattern – and could help
Read more »