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Bitcoin, Ethereum and Binance Coin are preparing for the next big outbreaks, according to the Crypto Analyst

A popular crypto strategist and trader is studying fractal patterns to predict where several of the top cryptos are headed after a recent downtrend hit most of the market.
The pseudonymous analyst Capo offers his 214,600 Twitter followers a chart that shows how previous ones Bitcoin (BTC)Prices in early 2020 as well as in the past spring and summer preceded impressive profits for the top cryptos.

“BTC fractal.”
Source: Capo / Twitter
Capo in the tweet refers to fractal analysis used by traders and investors to predict future price movements based on the patterns and trends created by past data. When answering a question aimed at clarifying whether BTC is headed up or back towards recent lows, Capo says:

“Small time frame, it is possible to jump to the lows again, but you never know. Holding is the way. “

At the time of writing, Bitcoin is unchanged on the day, trading at $ 57.096.

Capo next turns his fractal lens on Binance Coin (BNB), the native token of the international cryptocurrency exchange Binance. He emphasizes a number of previous corrections, parabolic bases, and extensions to point out a potentially wild outbreak for the NBB in the second half of 2022.

“BNB. Interesting fractal.

I don’t know how long the base of the [parabola] will take time, but the outbreak could be epic. “
Bitcoin, Ethereum and Binance Coin are preparing for the next big outbreaks, according to the Crypto Analyst, Crypto Trading NewsSource: Capo / Twitter
BNB is also roughly balanced that day and currently costs $ 624.55.

The analyst then delves into the leading smart contract platform Ethereum (ETH)when paired with Bitcoin. He provides a chart showing a series of higher highs and higher lows that make him optimistic about the relative price development of ETH over the next few months.

“ETH / BTC.

Squiggly never lies.

I’m still on this couple for a long time … “
Bitcoin, Ethereum and Binance Coin are preparing for the next big outbreaks, according to the Crypto Analyst, Crypto Trading NewsSource: Capo / Twitter
Ethereum is up nearly 5.5% on the day, trading hands for $ 4,695.
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Source: Crypto News Deutsch

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