Note
Price boosted precisely after the new weekly candle got outside the logarithmic trendline.Note
I'm calling USD 6-8K by the end of 2019. It does seem to me that many people are buying preemptively for the halving, which makes me to hypothesise that when the actual halving event takes place, we would see a major sell-off, pushing price at Q1 2020 from low teens back to 4 digits.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.