A historical fractal comparing Bitcoin's price patterns from 2018, 2022, and the current cycle is gaining attention. The pattern indicates a sequence of parabolic highs followed by a break of moving averages and a deep correction of 70–85% before stabilizing. In 2018, Bitcoin saw an approximate 84% drop, while 2022 experienced a 77% decline. The current fractal suggests a potential drop to around $30,000, representing a 75% decrease from recent highs.
Technical analysis highlights a loss of long-term bullish structure, prolonged distribution, and deleveraging. Prices often seek macro support levels, such as historical cost bases or trend lines. While fractals are not predictions, they illustrate why market fear is rising, as past patterns often ended with significant declines when liquidity dried up. Without net capital inflows and reclaiming key levels, the risk of further downside remains.
Historical Fractal Suggests Potential Bitcoin Decline to $30,000
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