Based on my analysis, bitcoin has a future. Yes! Keep you eyes on February 2020. 13200 USD is really feasible, because I'm seeing what I'm calling candle calls on this week chart. And there are a lot : 4 bullish candle calls. That's incredible to see so much of them now.
But be aware that there can be a strong possibility for the price to retrace to 6000 before reaching +13K. 6000 USD will be the floor from where a big jump may occur. In that case, it will be a 2.2X price up move (+120% gain). but let's hope not. I hope we already hit the bottom.
Another thing to watch is the USDT supply, it we see a significant increase on it, then it will tell people are preparing to buy many, and will be a real start for the up move to 13200 USD target.
Above that target (13.2K) I cannot figure out yet what may happen.
In my previous idea, I told the price will move down to 6500 max, let's hope it's that bottom and won't go there anymore.
I will not trash my bitcoins out, I'm convinced of a bright future in 2020. I'm not afraid of a 6K down move. I HODL.
Don't take my word for granted. Do your analysis, analyze again, then trade at your own risks.
Don't hesitate to subscribe to get new ideas, as they come. Also I would appreciate if you hit the LIKE button
Thank you
But be aware that there can be a strong possibility for the price to retrace to 6000 before reaching +13K. 6000 USD will be the floor from where a big jump may occur. In that case, it will be a 2.2X price up move (+120% gain). but let's hope not. I hope we already hit the bottom.
Another thing to watch is the USDT supply, it we see a significant increase on it, then it will tell people are preparing to buy many, and will be a real start for the up move to 13200 USD target.
Above that target (13.2K) I cannot figure out yet what may happen.
In my previous idea, I told the price will move down to 6500 max, let's hope it's that bottom and won't go there anymore.
I will not trash my bitcoins out, I'm convinced of a bright future in 2020. I'm not afraid of a 6K down move. I HODL.
Don't take my word for granted. Do your analysis, analyze again, then trade at your own risks.
Don't hesitate to subscribe to get new ideas, as they come. Also I would appreciate if you hit the LIKE button
Thank you