31-01-2020 22:00 via newsbtc.com

This Eerily Accurate Fractal Suggests Bitcoin Will Soon Explode to $12,000

After facing a constant stream of buying pressure that led Bitcoin’s price to climb as high as $9,550, BTC faced a large influx of overnight selling pressure that sent it reeling down to lows of $9,200 before it found some support.
The sharp decline from $9,550 does make this 2020 high look like a local top for the cryptocurrency, and it is a strong possibility that the crypto sees some further short-term downside.
In spite of this, one eerily accurate fractal pattern formed between May an
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