Bitcoin 20K in 2021 - look into the past to see the future
Current price scenario looks for me similar to beginning of 2015. We have seen a nice and healthy rebounce from 3100 $ area. Now is the price searching for a top for the next weeks. I expect accumulation area between 3000 and 4500 $, this accumulation could take up to 12 months before a breakout from this channel is possible. Another year to reach 20k.
This chart was created only with technical analysis, I don't care in this analysis about any coming technology improvement or use case improvement of bitcoin or other crypto currencies.
This chart was created only with technical analysis, I don't care in this analysis about any coming technology improvement or use case improvement of bitcoin or other crypto currencies.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Penafian
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