Bitcoin’s Gap Explained: Alphractal Analyzes Largest Market Movement Ever

Bitcoin has experienced a notable price drop recently, prompting analysis from crypto analytics firm Alphractal. They have revealed the current trend aligns with Bitcoin’s historical tendency to revisit gap zones – areas on the price chart with limited support or resistance. These gaps typically form when price action moves without significant turning points, leading to periods of low trading activity. However, these zones don’t remain untouched for long, as history shows Bitcoin has repeatedly revisited them, creating new consolidation cycles. Alphractal uses their advanced algorithm-powered