2022 $BTC Fractal Update — Still Playing Out?
As shown on the chart, Bitcoin has now broken the March 4 high.
Does that change the outlook? Not really.
The key resistance zone (0.618 – 0.786) is still holding strong.
Just like in 2022, price pushed into resistance… and got rejected.
The logic remains simple:
* Break above local highs ≠ confirmed reversal
* Strong resistance = potential continuation down
* Structure still mirrors the 2022 fractal
If this fractal continues to play out, we could see further downside in the coming weeks.
History doesn’t repeat exactly… but it often rhymes.
Stay sharp.