Karlos95

Karlos95

My take on the long term outcome for BTC.

Karlos95 Updated 

Could see a small percentage drop in the next month before it starts to pull away and start heading to a new ATH.

Karlos95

Not investment advice - Just possible scenarios that will most likely be wrong. Bullish long term.

Karlos95

Could see 8k (maybe sub) very soon before it starts to incline to new highs and on it's way to a new ATH. GLTAH.

Karlos95

Could be a fake out for 1 last drop before we really shoot up.

Karlos95

It is in my opinion (not financial advice) that we will see a significant drop in price for BTCUSD before we see it start to proceed with the bullrun cycle towards the end of 2020 and into 2021. I have sold a large percentage of my BTC and will be waiting for this drop. Please do not take this as financial advice as I am not qualified, it is just in my opinion...

Karlos95

My take on what could happen over the next few days. CME Gap isn't a certainty but I do believe it has to drop a a bit down in order to rise back up over 10.5k initiating a bull run towards the last ATH. 6.5K might not happen but IMO it will at least get to below 8k. Will accept any counter arguments for this. Thank you.

Karlos95

If the bulls can't crack the 10.5k mark I suspect a free fall to just under 7k. There is a CME gap at 6.4k however I cannot see that getting closed as there is too much support above the 6.5k mark IMO. If 10.5k cracks that I think it will be the start of a bullrun towards to last ATH at which point should start to grow higher from there.

Karlos95

Short term should see it start to slide upwards for a small amount of time (1 month) then fall back down just after halving (around May and a couple weeks after) but then will start to grow towards the $100kUSD mark over the next 12 months with some medium pullbacks.

Karlos95

My basic TA but it has been working out well so far. Let us see how much longer it holds up.

Karlos95

Suggests it will reach 0.0012 by the end of May if continues the momentum path.

Karlos95 Updated 

Will touch .30 next month.