2019 is the year to load your wallets.
between 2011 - 2013, bitcoin price rode the support line that later became the 2017 ATH failed resistance.
the support line we rode from 2015 - 2017 may just become the 2021 ATH failed resistance...
the 2013 ATH and the 2017 ATH could continue as resistance for a 2021 ATH creating a much larger price tag.
I expect bitcoin to create a sideways channel for the majority of this year, perhaps even well into 2020.
I expect a new ATH by Autumn 2021.
twitter.com/100trillionUSD/status/1102958785772044289
BitcoinCharts pointed out here:
"Why #bitcoin will not drop under $2k:
1) Miners already capitulated (difficulty -25% Nov/Dec)
2) Too close to the Halving (14 months)
3) BTC never dropped below geometric mean ($2750)
4) BTC never dropped below 50% of stock-to-flow model ($5500)
5) RSI bottomed at (42) now rising"
between 2011 - 2013, bitcoin price rode the support line that later became the 2017 ATH failed resistance.
the support line we rode from 2015 - 2017 may just become the 2021 ATH failed resistance...
the 2013 ATH and the 2017 ATH could continue as resistance for a 2021 ATH creating a much larger price tag.
I expect bitcoin to create a sideways channel for the majority of this year, perhaps even well into 2020.
I expect a new ATH by Autumn 2021.
twitter.com/100trillionUSD/status/1102958785772044289
BitcoinCharts pointed out here:
"Why #bitcoin will not drop under $2k:
1) Miners already capitulated (difficulty -25% Nov/Dec)
2) Too close to the Halving (14 months)
3) BTC never dropped below geometric mean ($2750)
4) BTC never dropped below 50% of stock-to-flow model ($5500)
5) RSI bottomed at (42) now rising"
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.