2018-8-9 21:30 |
Bitcoin (BTC) has fallen sharply in the last 24 hours on news of the SEC delaying its decision regarding the VanEck/SolidX Bitcoin ETF till September. The 4H chart above for BTC/USD shows that while the news served as a catalyst for yesterday’s price action, Bitcoin (BTC) would have eventually followed the same pattern as major trading activity is still dominated by bots.
Fractal analysis of the above chart shows how closely Bitcoin (BTC) is following the same pattern that it followed between April and June.
Continue reading Bitcoin (BTC) Fractal Analysis Shows Bots Still Dominate The Market at Crypto Daily™.
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