I thought I would share a second alternative longer timeframe idea that I think is far more conservative vs my previous prediction.
(see my ideas for reference)
My plan is to use both ideas to form a trading range with the caveat that Bitcoin continues a bullish trend. I believe this idea helps to validate proposed upwards momentum that could lead to prices by the start of 2020 from $17500
The reason I believe this is very conservative is because:
1) Bitcoin halving is approaching
2) Establishing a new ATH would validate future growth / bullruns
3) Bitcoin is still in early stages of adoption / development
(see my ideas for reference)
My plan is to use both ideas to form a trading range with the caveat that Bitcoin continues a bullish trend. I believe this idea helps to validate proposed upwards momentum that could lead to prices by the start of 2020 from $17500
The reason I believe this is very conservative is because:
1) Bitcoin halving is approaching
2) Establishing a new ATH would validate future growth / bullruns
3) Bitcoin is still in early stages of adoption / development
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.