Bitcoin Price May Surge to $169,000 Following Fractal Pattern
- Crypto analyst Master Kenobi predicts Bitcoin could rally to $169,000 based on a recurring fractal pattern.
- The pattern observed lasted 157 days in the previous cycle and began on August 5, 2024, for the current period.
- Following this pattern, a potential rally could conclude by March 2.
- Titan of Crypto maintains that the bull market is intact if Bitcoin closes above the 38.2% Fibonacci retracement level monthly.
- Bitcoin’s price recently fell below $93,000 but rebounded to around $94,000.
The analysis suggests Bitcoin might replicate a past fractal pattern leading to a possible surge to $169,000. Current trading levels are approximately $94,000 after recent fluctuations.
