Bitcoin
Panjang

Bitcoin 2020 Going To $82,352 (Simple 12345 Elliot Wave)

We've seen Bitcoin (BTCUSD) predictions for the future that range from $100 to $1,120 all the way to $1,000,000 and beyond.

We would like to be more conservative and use some known tools for a long term Bitcoin prediction... Let's take a look...
But before we get started, feel free to hit like now if you want to show us some love and support.

  • We are using the 12345 Impulse wave structure from the
  • Wave Principle Theory by Elliot Wave.
  • We used Fibonacci proportions to reach our top target of
  • $82,352, which matches perfectly the 5th Wave.
  • The MACD supports this move.
  • The RSI hit its lowest point, is now bullish and can also support this move.


What's your take on Bitcoin long term?

Leave us a comment in the comments section below.

Thanks a lot for reading.

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Namaste.
alanmastersBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitfinexbitmexbittrexBTCBTCUSDTechnical IndicatorsTrend AnalysisXBTUSD

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