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The 2019 Bitcoin fractal setup can return the BTC price to $ 50K via Cointelegraph

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The 2019 Bitcoin fractal configuration could return the price of BTC to $ 50,000

(BTC) $ 47,500 – $ 50,000 is likely to reach the current trend due to the tremendous similarity between June and December 2019.

In detail, Bitcoin It exceeded about $ 14,000 On June 26, 2019, before the decline in nonprofits for the rest of the year, as well as the hardfork-induced FUD, Facebook (NASDAQ:) separated Libra from its crypto project regulators, followed by US President Donald Trump and Treasury Secretary Steven Mnuchin threatening tone in Bitcoin.

Bitcoin 2019 price action. Source: TradingView.com
Bitcoin price action in April and June. Source: TradingView.com
Bitcoin 2019 and 2021 fractal. Source: TradingShot.com