Bitcoin Life Cycle -> $ 2.00 to $ 20,000; now heading to $ 200

Hi all

Hope you don't hate me, after reading my conclusion in this post.
I would like to bring a kind CAUTION to the users across the world with my technical analysis.
I wish this wouldn't happen. But I can't deny the facts that I see in the charts.

What-If Analysis:
  • What-If Bitcoin falls to $ 200 ??
  • Do the chart tell us a complete different story that no-one cares??


Answer: (My Personal Forecast)
  • Probably, Yes.
  • Target Price is $ 200.
  • Target Period is Q1 of 2021.
  • Refer the chart that is used to predict this price action.


Invalidate Scenario:
  • Price will break the Red Line bullish.


Further Confirmations:
  • Price shouldn't go above 14k.
  • Yellow line should be broken.
  • Green Spiral will hold as SUPPORT.


For more updates, follow me here.
~RPS~
Bitcoin (Cryptocurrency)bitcoinforecastBTCbtccycleBTCUSDBTCUSDTEconomic CyclesElliott WaveSupport and Resistance

Pubblicazioni correlate

Declinazione di responsabilità