BITCOIN Forms the Fourth Historical Descending Triangle Fractal!BitcoinCRYPTO:BTCUSDVincePrinceHello Community, welcome to my new analysis of Bitcoin on the monthly timeframe perspective. BITCOIN is forming historical patterns that keep repeating. They have worked in the past, and for traders and investors, it is essential to spot the underlying dynamics and not just ignore them. Just realizing the signs will be a major advantage even in the current market phase. I have detected the major fractal patterns BITCOIN keeps repeating on the broader timeframe perspective. BITCOIN, as seen in my chart, is forming this parabolic uptrend channel on the broader monthly timeframe perspective. This parabolic uptrend channel is guided by the several historical descending triangle fractal formations BITCOIN keeps completing. These historical descending triangle fractal formations have been the origins of great bull markets already several times in the past. They are building the fundamentals of great bullish bull market expansions to the upside. The descending triangle fractal formation patterns keep on repeating the same phases. First, a major bullish top is built, forming the bullish paradigm. Then a pullback accumulation phase is initiated through the descending triangle formation, which arrives in the 50-EMA and 100-EMA support zone. Then the major breakout is formed, and finally a huge bull market expansion is setting a new bullish paradigm. Right now, BITCOIN is just in the confirmation phase once again. Just considering these major underlying factors and the advancement of the current fractal, there is a high potential possibility that BITCOIN is just setting up the next major bullish fractal expansion wave right now. As seen in my chart, the confirmation is just underway at the moment. These factors show once again that BITCOIN is a major transformational force within the financial system, which is an ongoing factor that will alter the whole financial markets and show a new bullish paradigm once again. In this manner, thank you a lot for watching! The support is highly appreciated. VP