Bitcoin bull run to 327k projection (1.16 years)
After recently crossing a major resistance Bitcoin is likely in its way to develop a one year bull run cycle
This bull run also occurs at a decisive time in human history due to the Covid pandemic and consequent accelerated adoption of digital services and payments
This bull run has been preceded by a long 2.8 years of consolidation since the 2017 bull run, with the capitulation of late-comers of coin chasers
During this accumulation period market makers, whales, professionals, institutions, and hedge funds have accumulated Bitcoin
Similar to the previous cycle it is estimate that the new bull run cycle will last approximately 1.16 years, ending one year from now on November 2021
It is expected that at its peak one BTC may cost approx. 327k USD
Always use a stop loss if you enter a trade or invest in BTC or any financial instrument, because we never know what is going to happen in the markets, we can only speculate betting on one side (buy or sell) based on fundamental and/or technical analysis
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Happy trading!
This bull run also occurs at a decisive time in human history due to the Covid pandemic and consequent accelerated adoption of digital services and payments
This bull run has been preceded by a long 2.8 years of consolidation since the 2017 bull run, with the capitulation of late-comers of coin chasers
During this accumulation period market makers, whales, professionals, institutions, and hedge funds have accumulated Bitcoin
Similar to the previous cycle it is estimate that the new bull run cycle will last approximately 1.16 years, ending one year from now on November 2021
It is expected that at its peak one BTC may cost approx. 327k USD
Always use a stop loss if you enter a trade or invest in BTC or any financial instrument, because we never know what is going to happen in the markets, we can only speculate betting on one side (buy or sell) based on fundamental and/or technical analysis
If you like this idea thanks for your likes and sharing.
Happy trading!
Note
Update 1: Bitcoin BTCUSD is showing great strength, both in volume and price, and is about to reach its historical 2017 All Time High of 19666 USD in the next few daysNote
Update 2: Bitcoin consolidation is approaching a trend line, crossing up above this trend line is key for uptrend continuation. Volume is currently supporting this uptrendNote
Update 3: After a short 7% accumulation phase Bitcoin looks solid for uptrend continuationNote
Update: ladies and gentleman fasten your seatbelts, Bitcoin is ready to cross its previous all time high of $20Note
Update 4: BTC about to get to 20k per unit, it was 3k not so long agoNote
Bitcoin update: BTC has just crossed its 2017 all time high of $20,000Note
Update: Boom! 1BTC > 30k USDNote
Update: Bitcoin consolidation before continuationNote
Update: BTC potential bottom and continuation at this price levelNote
Update: BTC is ready for continuation Note
Bitcoin Let's gp: Note
Update: Bitcoin is about to break the USD 60k mark 
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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.
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.