Along with the#BTCfractal from November 2020, there is a great fractal in #ETH!
You can see four stages of consolidation below descending resistance before the breakout:
- 4 attempts to break the resistance with strong reactions - final breakthrough through the 5th attempt - consolidate the above with some retesting before the pump
Once again it's all the same! Together with a strong ETHBTC chart, we have every chance to see#ETHat new local highs soon! #BTCupdate #eth2.0 #crypto2030
JUST IN: 🇺🇲SEC Commissioner says "there's no reason for us to block a#BTCSpot ETF."Source: https://twitter.com/WatcherGuru/status/1727389970237649137 #ETFBitcoin
BITCOIN FRACTAL REVIEW I saw a lot of tweets comparing now to October 2020, like when Arthur Hayes stepped down as CEO of Bitmex. Now, as they say, history is repeating itself with CZ forced to quit the business. I don't think this is the same catalyst for the market, but I also like the comparison to the end of 2020! Though I like it for pure TA fractals 👀 Let me remind you that $20k was massive resistance in 2020, just like $38k is massive resistance now. Here we can see how#BTCbroke through: 1. ascending accumulation zone 2. First tap resistance and sell-off 3. second resistance and another sell-off 4. true breakthrough #BTCupdate #btcsoaring
Two months later, the halving countdown was conservatively moved forward two days and the current countdown ends in March now 😳 Hashrate continues to grow, the closer the desired date gets!