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jjjk00
Dec 10, 2019 7:09 PM

Triangles for Xmas Long

Bitcoin / U.S. dollarBitstamp

Description

We could see the formation of a larger triangle formation into the New Year. Let's see how it plays out. It seems like the beginning of 2020 will determine the price action for the year.

ARE YOU BEARISH OR BULLISH FOR 2020?

Be courageous! State your pick.

I say bullish!

Who knows.

Good luck.

Comment

Formation of the top of a new triangle? maybe.
Comments
cryptospawn
I'm expecting BTC to catch a severe case of price diarrhea down to about $3850 by mid January 2020. After that a period of consolidation and sideways action for about 4-5 months, and then finally a bull season worthy of most traders' dreams. I'm thinking between May-June 2020 we will see BTC begin a rally that will take it to new heights.
Gaengphed
BOOOOOLIIIIISSSSSHHHHH!!!! :-)
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