Paul Tudor Jones Bitcoin fractal hints at possible explosive BTC rally By Cointelegraph


Paul Tudor Jones Bitcoin fractal hints at possible explosive BTC rally

Based on the fractal, is in an early phase of a prolonged rally that could allow BTC to experience exponential growth in the longer term.

Bitcoin versus gold price fractal. Source: Bloomberg

There are two main reasons why Bitcoin could follow the macro trend gold saw from the 1970s. First, BTC has a fixed supply that cannot expand, which makes it an attractive hedge against inflation. Second, BTC has the same qualities of a safe-haven asset that gold has.