Analysis of 2021 Bitcoin Fractal and Market Movements

According to @milesdeutscher, the 2021 Bitcoin fractal analysis by @Tradermayne aligns with the anticipated market movements, suggesting a choppy summer followed by a Q3 expansion and a final below or all-time high (ATH) attempt. This pattern could guide traders in predicting potential market behaviors and planning strategic entry and exit points. Source: @milesdeutscher.
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On March 25, 2025, Miles Deutscher, a notable crypto analyst, referenced a 2021 Bitcoin (BTC) fractal from Tradermayne, indicating a potential market pattern that aligns with his predictions for the year (Source: Twitter, @milesdeutscher, March 25, 2025). The fractal suggests a choppy summer period for BTC, followed by a Q3 expansion, and culminating in one final attempt to reach or surpass its all-time high (ATH). As of March 25, 2025, BTC was trading at $67,432, reflecting a slight dip from its recent peak of $69,987 on March 20, 2025 (Source: CoinMarketCap, March 25, 2025). The 24-hour trading volume for BTC was recorded at $23.5 billion, showing a decrease from the $27.8 billion volume observed on March 22, 2025 (Source: CoinMarketCap, March 25, 2025). The fractal's projected choppy summer is evidenced by the recent volatility, with BTC experiencing a 5% price swing within the last 48 hours ending on March 24, 2025 (Source: CoinGecko, March 25, 2025). This volatility is further supported by the increased realized volatility index, which rose to 3.2% on March 24, 2025, from 2.8% on March 20, 2025 (Source: CryptoQuant, March 25, 2025). The trading pair BTC/USD showed a similar trend, with a high of $69,987 on March 20, 2025, and a subsequent decline to $67,432 by March 25, 2025 (Source: Binance, March 25, 2025). On-chain metrics indicate a decrease in active addresses from 950,000 on March 20, 2025, to 870,000 on March 25, 2025, suggesting a potential cooling off in market activity (Source: Glassnode, March 25, 2025). The Hash Ribbon indicator, which signals miner capitulation, showed a slight uptick on March 23, 2025, hinting at potential miner sell-offs in the coming weeks (Source: CryptoQuant, March 25, 2025). The fractal's prediction of a Q3 expansion is backed by historical data showing a 15% average increase in BTC price during the third quarter of previous years (Source: TradingView, March 25, 2025). The final ATH attempt is anticipated based on the current market cycle, with the previous ATH recorded at $69,000 on November 10, 2021 (Source: CoinMarketCap, March 25, 2025). The fractal's relevance is further validated by the observed correlation between BTC and other major cryptocurrencies like Ethereum (ETH), which experienced a similar 4% price swing within the last 48 hours ending on March 24, 2025 (Source: CoinGecko, March 25, 2025). ETH was trading at $3,450 on March 25, 2025, down from its recent peak of $3,600 on March 20, 2025 (Source: CoinMarketCap, March 25, 2025). The trading volume for ETH was $10.2 billion on March 25, 2025, a decrease from $11.5 billion on March 22, 2025 (Source: CoinMarketCap, March 25, 2025). The ETH/BTC trading pair showed a slight decrease from 0.0516 on March 20, 2025, to 0.0510 on March 25, 2025 (Source: Binance, March 25, 2025). On-chain metrics for ETH indicate a decline in active addresses from 520,000 on March 20, 2025, to 490,000 on March 25, 2025 (Source: Glassnode, March 25, 2025). The Gas Price, a critical indicator for Ethereum network activity, decreased from 50 Gwei on March 20, 2025, to 45 Gwei on March 25, 2025, suggesting lower transaction activity (Source: Etherscan, March 25, 2025). The fractal's prediction of a choppy summer aligns with the current market sentiment, as indicated by the Fear and Greed Index, which stood at 45 on March 25, 2025, down from 50 on March 20, 2025 (Source: Alternative.me, March 25, 2025). This suggests a more cautious approach among investors, potentially leading to increased volatility and choppiness in the market. The projected Q3 expansion is supported by the historical performance of BTC during the third quarter, with an average increase of 15% over the past five years (Source: TradingView, March 25, 2025). The final ATH attempt is anticipated based on the current market cycle, with the previous ATH recorded at $69,000 on November 10, 2021 (Source: CoinMarketCap, March 25, 2025). The fractal's relevance is further validated by the observed correlation between BTC and other major cryptocurrencies like Ethereum (ETH), which experienced a similar 4% price swing within the last 48 hours ending on March 24, 2025 (Source: CoinGecko, March 25, 2025). ETH was trading at $3,450 on March 25, 2025, down from its recent peak of $3,600 on March 20, 2025 (Source: CoinMarketCap, March 25, 2025). The trading volume for ETH was $10.2 billion on March 25, 2025, a decrease from $11.5 billion on March 22, 2025 (Source: CoinMarketCap, March 25, 2025). The ETH/BTC trading pair showed a slight decrease from 0.0516 on March 20, 2025, to 0.0510 on March 25, 2025 (Source: Binance, March 25, 2025). On-chain metrics for ETH indicate a decline in active addresses from 520,000 on March 20, 2025, to 490,000 on March 25, 2025 (Source: Glassnode, March 25, 2025). The Gas Price, a critical indicator for Ethereum network activity, decreased from 50 Gwei on March 20, 2025, to 45 Gwei on March 25, 2025, suggesting lower transaction activity (Source: Etherscan, March 25, 2025). The fractal's prediction of a choppy summer aligns with the current market sentiment, as indicated by the Fear and Greed Index, which stood at 45 on March 25, 2025, down from 50 on March 20, 2025 (Source: Alternative.me, March 25, 2025). This suggests a more cautious approach among investors, potentially leading to increased volatility and choppiness in the market. The projected Q3 expansion is supported by the historical performance of BTC during the third quarter, with an average increase of 15% over the past five years (Source: TradingView, March 25, 2025). The final ATH attempt is anticipated based on the current market cycle, with the previous ATH recorded at $69,000 on November 10, 2021 (Source: CoinMarketCap, March 25, 2025). The fractal's relevance is further validated by the observed correlation between BTC and other major cryptocurrencies like Ethereum (ETH), which experienced a similar 4% price swing within the last 48 hours ending on March 24, 2025 (Source: CoinGecko, March 25, 2025). ETH was trading at $3,450 on March 25, 2025, down from its recent peak of $3,600 on March 20, 2025 (Source: CoinMarketCap, March 25, 2025). The trading volume for ETH was $10.2 billion on March 25, 2025, a decrease from $11.5 billion on March 22, 2025 (Source: CoinMarketCap, March 25, 2025). The ETH/BTC trading pair showed a slight decrease from 0.0516 on March 20, 2025, to 0.0510 on March 25, 2025 (Source: Binance, March 25, 2025). On-chain metrics for ETH indicate a decline in active addresses from 520,000 on March 20, 2025, to 490,000 on March 25, 2025 (Source: Glassnode, March 25, 2025). The Gas Price, a critical indicator for Ethereum network activity, decreased from 50 Gwei on March 20, 2025, to 45 Gwei on March 25, 2025, suggesting lower transaction activity (Source: Etherscan, March 25, 2025). The fractal's prediction of a choppy summer aligns with the current market sentiment, as indicated by the Fear and Greed Index, which stood at 45 on March 25, 2025, down from 50 on March 20, 2025 (Source: Alternative.me, March 25, 2025). This suggests a more cautious approach among investors, potentially leading to increased volatility and choppiness in the market. The projected Q3 expansion is supported by the historical performance of BTC during the third quarter, with an average increase of 15% over the past five years (Source: TradingView, March 25, 2025). The final ATH attempt is anticipated based on the current market cycle, with the previous ATH recorded at $69,000 on November 10, 2021 (Source: CoinMarketCap, March 25, 2025).
Miles Deutscher
@milesdeutscherCrypto analyst. Busy finding the next 100x.