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21K

BTC TO 21K, 22K AND 24K LEVELS !!!! First look at the elliote wave (1D Time frame) according to that we will going 24k Than we can see a stong support level of 19400-600 and 18500 - 800 these are the strong support level which btc will not break and we will see a good pump from here (4h time frame) Now see that small green trendline at bottom thats according to 1 h time frame we are having rejection from that again and again currently we also see a rejection from there and it bounced back from there. Conclusion:: we are going up There can be a max micks to 18400 - 18600 U can take a small long positon of 5 10% your portfolio tps 21k 22k 24k
Long
by Sanin_01
Major trends collide, BTC break out near, BTC to $21k+? If you have been following my posts, you know I have been putting focus on the collision of a 6 month descending channel and a strong 5 year ascending trendline. The collision finally occurred mid-December and the two trends have been battling it out ever since. We have seen the 5 year trendline(Dark Red Line) be tested twice already, I offer no certain evidence but strongly suspect that the 5 year trendline will likely be tested at least one more time. I have been using every touch of the 5 year trendline to position high leverage short term long trades (with great success) and continue accumulation of additional long term holdings. The first touch of the 5 year trendline mid-December was the bottom for BTC. As discussed previously, there is no compelling reason BTC would break down out of its 5 year trend as it has held the trend in the past with BTC and crypto in far less advantageous positions. We are fast nearing a point where BTC must choose between maintaining the then 7 month descending channel or maintaining the 5 year ascending trend line. I suspect this will likely play out as an ascending wedge (between red and yellow lines) and break out 20-30% before the end of the wedge. You can see the wedge likely forming using historical $7800 as resistance (yellow line). If this plays out as a wedge we see the wedge technically ends around 1.March.2020 which makes a break out likely somewhere around end of January, beginning of February. I believe that BTC is about to break upwards and have another run similar to what we saw the first 6 months of last year. How high this next run goes is pretty critical. The first high BTC saw was $21k, then last June we saw $14k as a high. Anything below $14k for this next run would validate a deterioration in the trend, anything greater than $14k would strongly validate a bull market and of course a run over $21k would be extremely bullish for the long term outlook of BTC. I think there is a good chance we see BTC break $21k this year but most importantly we need to see it break $14k, if we continue our descent, this next run may only make it to $9500. Its looking like 2020 should be a pretty interesting year for BTC. Note: If we break below the 5 year trendline and convert it to resistance, traders should be very cautious and be ready to bail on all long holdings as a multi-year low may be on the way. (Highly improbable) This is not investment advice, merely observations I have made as a trader. DYOR.
COINBASE:BTCUSDLong
by EncryptShawn