Hello folks! I've posted the big picture of bitcoin. I expect the prices to stay within this triangle and the range of 5500$-9200$ for almost the whole year of 2020,this will get the bulls/bears frustrated. We will reach our All time high(20,000$) in Q1 of 2021.
Bitcoin important levels marked in the chart. I'm bullish on bitcoin and expecting a big move up as the price is between the Diagnol resistance and support . There is extreme fear in the market,which makes me even more bullish. We should head towards 9200$ levels forming another lower high ,10,500$ being the most recent lower high. I reckon our bottom is in as...
The stochastic RSI has a crossover and there is no upward momentum left. Rest is explained in the chart.