BITCOIN Can it go to $12350 on this fractal?

12 ส.ค. 2020

Following my recent series of short-term predictions such as the one below, I have come up with an interesting pattern, which if it plays out can push Bitcoin to $12350:

As seen on the chart, the current price action (since the rise that started on July 24) is identical (on a smaller scale) to the sequence from late April to late May.

I have clearly pinned each move and right now BTC is on the (F) leg. A push to the (G) will take the price to $12350. Notice how even the LMACD is fairly similar.

Do you think this move can be repeated? Feel free to share your work and let me know in the comments section!

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