Scarily Accurate Fractal: Bitcoin Will Trade at $20,000 By Q1 2021

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It’s fair to say that Bitcoin investors aren’t too optimistic at the moment; after last week’s almost-50% decline, there are few reasons to be optimistic about the future of cryptocurrencies, let alone financial markets in general. But, analysts have begun to share a fractal that suggests the price of BTC will return to its $20,000 all-time high in under 12 months’ time from today. While this may seem irrational at the moment, Bitcoin has seen crazier price action, like when it rallied 2,000% in 2017 or when it crashed 50% in...

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