Will Bitcoin repeat the 2021 ‘gasoline fractal’? THIS data says…
Bitcoin is showing resilience by holding around $71,000 despite geopolitical tensions, but underlying signals suggest potential weakness ahead. A recurring fractal pattern linking Bitcoin to gasoline futures—similar to one observed in 2021—indicates a rejection of key resistance and a possible further decline before a market bottom forms. Additionally, global liquidity is tightening, with a $470 billion weekly contraction in M2 supply reducing capital available for risk assets like Bitcoin. While stablecoin supply has reached a new all-time high, indicating that capital remains on the sidelines ready to re-enter, ongoing geopolitical risks may continue to limit near-term upward momentum for Bitcoin.
ambcrypto03/25 00:01