Known as the “Recurring Fractal Cycle,” the model has historically pinpointed both local tops and bottoms with remarkable accuracy. Analysts […]
The post Bitcoin Market Still Has Room to Run, According to Fractal Analysis appeared first on Coindoo.
Known as the “Recurring Fractal Cycle,” the model has historically pinpointed both local tops and bottoms with remarkable accuracy.
Analysts at Alphractal believe that, unless the cycle diverges this time, Bitcoin still has more upside ahead. While they acknowledge that no model can guarantee future outcomes, they argue the pattern’s past consistency makes it worth watching closely in the months ahead.
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The firm also shed light on a lesser-discussed signal: the relationship between mining stocks and Bitcoin’s market cap. Alphractal notes that recent outperformance by mining firms may be a sign of increased volatility on the horizon. Iris Energy (IREN), for example, has seen its valuation triple in a short span, climbing from $1.2 billion to over $4 billion.
This decoupling between Bitcoin’s price and mining stock momentum could hint at deeper market shifts, especially since many miners hold substantial BTC reserves. Changes in their positioning, either on-chain or through financial markets, could influence Bitcoin’s next major move.
The post Bitcoin Market Still Has Room to Run, According to Fractal Analysis appeared first on Coindoo.
Source: https://coindoo.com/bitcoin-market-still-has-room-to-run-according-to-fractal-analysis/
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