BTC/USDT - short term, must get to $13,500. Or wait til Jan 2021

Oct 28, 2019

Please excuse my chart junk (I am not willing to erase my lines). I'd like to direct your attention to the long term analysis. And we can hit play to see how this unfolds. Short term scenario, we must get up to 13,500 in the next two months. If not, we wait until 2021. Which we should see the support hold for around 6K. But I think we could easily repeat $7,400 and be range bound for a couple years. If we get rejected at $12,500-13,000, Libra has been approved. But BTC will win. Asian invasion is upon us. This will be a war of currencies. Ask yourself who is more likely to succeed? Highly motivated and dedicated? Or a peoples who are fat and lazy and watch TV?

Oct 28, 2019

Note

As you know, China is pushing real hard to adopt blockchain and undermine the fiat currencies of the world superpowers. I will not publish links, you can find them in abundance over the past week.

Oct 28, 2019

Note

I should have also allowed for low prices. If you want to imagine a parallel line copy of the light blue support line and paste it from the lows of 3k, should be a good representation of the expected low prices if we get rejected around $13,000.