Accurate BTC Fractal Now Calls For Correction To $17,500

A historically accurate BTC fractal now calls for a correction towards ,500 while the entire market is seeing a quiet day after the bloodbath yesterday.
buy female viagra online pavg.net/wp-content/themes/twentytwentyone/inc/en/female-viagra.html no prescription

The selling pressure that was seen among altcoins was quite intense and caused a lot of them to see flash crashes of 20% or more so let’s take a closer look at today’s Bitcoin news.

All the while, the BTC price remained steady and stable above $23,000 around the same price level that it was trading a short while ago. One trader who in the past predicted that the entire rally seen over the past few months is offering the investors a warning noted that the same fractal predicts that the crypto will see a stronger pullback to the $17,500 in the near-term.

BTC and the entire crypto market saw some lackluster price action this morning with BTC being stable as many altcoins tried to recover from the selloff a day ago. The selling pressure seen in the lower $24,000 region is still a major hurdle for BTC as each visit to this level caused it to see more inflows of selling pressure. This could align with the fractal pattern that predicted this entire move higher than was seen a few months ago, as it shows there a little more room for an imminent correction to $17,500.

The historically accurate BTC fractal calls for a correction towards $17,000 while BTC now trades at $23,300 which is around the same price level that it was trading over the past few days. The selling pressure between these two levels sparked a few selloffs but each one has lessened in intensity with the visit to this level. if the bulls continue guarding against any intense downtrend, it could mark another bullish consolidation phase which allows the market to see more upside. One trader explained in a tweet that BTC will be on the edge of dropping lower to $17,500 if a fractal that he is watching plays out. The fractal forecasted an entire move from the $10,000 region with strong precision which could mean that this correction is imminent:

 “BTC: The road map I followed to the new ATH suggests a correction back toward 17.5K – 18.5K before more upside is likely. Tread lightly.”

The upcoming few days will be critical for understanding the entire outlook of the market as the resolution to BTC’s current consolidation phase will shine some more light on where the trend is headed into the new year.