I believe that this Symmetrical Triangle is a continuation pattern.
If that's the case, the Bitcoin market Insiders may wish to use the halving in May to pump Bitcoin to the ATH where they'll be able to sell into that buy pressure at retail levels. By doing so the price could fall back to 14K before launching into the stratosphere after breaking the ATH again.
I already think it's possible that Bitcoin will break the ATH for good in Q4 2020 or Q1 2021, leading to a huge bull run to triple digit thousands.
Obviously I don't have a crystal ball, I just analyze the probabilities given what I know about the market.
I'm publishing this chart out of curiosity to see how it really plays out.
Not financial advice. I hope it aids you in your own analysis.
Peace, Love, & Crypto,
B166ER
If that's the case, the Bitcoin market Insiders may wish to use the halving in May to pump Bitcoin to the ATH where they'll be able to sell into that buy pressure at retail levels. By doing so the price could fall back to 14K before launching into the stratosphere after breaking the ATH again.
I already think it's possible that Bitcoin will break the ATH for good in Q4 2020 or Q1 2021, leading to a huge bull run to triple digit thousands.
Obviously I don't have a crystal ball, I just analyze the probabilities given what I know about the market.
I'm publishing this chart out of curiosity to see how it really plays out.
Not financial advice. I hope it aids you in your own analysis.
Peace, Love, & Crypto,
B166ER
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle