Technical analysis by farhadnmd about Symbol BTC: Buy recommendation (2/10/2025)
https://sahmeto.com/message/3239087

farhadnmd
Rank: 3578
Analytical Power:
1.8
Bitcoin is mimicking gold: Fractals are bullish!
Buy
Price at Publish Time:
$97,274.17
Profit Target:
(+58.73%)$154,404.26

Bitcoin is following gold in its pattern formation. Fractal analysis of gold and Bitcoin reveals similarities in both charts. While gold is slightly ahead of Bitcoin, the same pattern is emerging on Bitcoin’s chart. If Bitcoin follows gold’s performance, it is likely to break out of this widening wedge pattern and reach new all-time highs, aligning with my previous analysis.
Source Message: TradingView