Slow grind down to $10.4k then a move up to new 2019 highs.
Only if $10k breaks with high volume then sell out otherwise hodl.
Using similar price action from 2017 when the $1000 previous ATH was breached which followed a retracement then moved higher.
Copying recent price action to form a likely scenario. Up to $20k then retracement to $13k until November/December.
We should see support at the two green lines. Similar consolidative price action that we have seen in 2019 before moving higher.
It could happen, everyone wants price to go down so they can buy cheap BTC! So the opposite will happen.
BTC has stayed above the 200EMA on the 4hr charts and may continue to do so. 4 wave of the parabola.
Just used the bars from 13th May 2019 to 10th June 2019.
Bitcoin has been moving in the red and green highlighted regression channel and has had a volatile move to the upside when the bottom of the channel was hit before. I think it will go higher this weekend. Bitcoin has respected the 270 EMA during this uptrend and is doing so right now. Every time the 270EMA is hit, Bitcoin will move up higher. The 8k level was...
Hi All, I thought I'd post a simple chart that shows where BTC could be headed. $10,000 by June 2019 $16,000 by December 2019 $24,000 by July 2020 (Post 2020 Halving event) All the best.