Buy the Dip on BTC. Fib Retracement $7,800 seems like a safe entry level on BTC. Looking for volume to come in in the middle/end of October to provide a sigh of relief. $18-20k by May 2020 (next halving) possibly sooner with how fast hashrate is increasing. I expect equities to perform well the remainder of 2019 as well so BTC will sympathy rally into Nov and Dec IMO.
May 2020 - BTC will retest the December 2018 lows of $3,300 June 2020 - We will be below the previous low and test $2,750 and then ultimately $2,100. February to March 2021 - BTC capitulates and begins free-fall to $1,500 and quickly touches $1,200. April 2021 to November 2022 - BTC trades in a range between $1,500 and $2,100. December 2022 - BTC rallies from...
My Guess for BTC's true bottom and next bullrun. time will tell.
I PREDICT THAT BITCOIN WILL ENTER A TRADING RANGE OF $5,650 TO $6,650 ON AUGUST 1ST AND ENDING ON OCTOBER 12TH Please see previous bull run for similarities between the charts.
Market is at a temporary peak. We will retrace down to $5,000 level and enter a re-accumulation phase for about 30 weeks. At the Bitcoin Halving in May 2020, price will be around $12,000. October/November 2020 Bitcoin will retest the ATH of $20,000. October/November 2021 Bitcoin will set a new ATH around the $300,000 range.
SHORT BTCUSD pullback Mid/End of July to $5.5k putting us at $12k at next halving
Overhead resistance at $8.4k reversal back to $6k starts now. then going to test $4k to 5k range.
In the next 2 to 3 months we will crash back below $4,500. We will touch $2,500. There is a possibility that we will touch $1,500 however that is very unlikely. Best of luck everyone. Be Careful at this $7,000 level!
WEEKLY BTC TO RE-ENTER $3K-4K RANGE IN JUNE / JULY
WEEKLY: BITCOIN TO RETEST $3700 SUPPORT BETWEEN MAY15 & JULY15TH
BITCOIN TO RETEST $3700 SUPPORT BETWEEN MAY15 & JULY15TH