Fortescue Metals made ATH this week, Bitcoin next? for BITSTAMP:BTCUSD by johninvesting9 — TradingView

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Fortescue Metals Group Ltd is an Australian iron ore company.
Fortescue is the fourth largest iron ore producer in the world after BHP , Rio Tinto, and Vale.
Thanks to another strong lift in the iron ore price, #FMG hit a record high

The chart pattern between $FMG and $BTC is very similar for some reason… I’m not sure why …

If Bitcoin does lag behind $FMG and this chart pattern does continue to play out,

we could see $BTC making a new ATH in the coming weeks…

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