CryptoCarlos_xD
Long

BITCOIN BULL PENNANT. MAY 14 HALVING PREDICTIONS

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
377 Daily EMA acting as support for BTC

Bull pennant about to break

November to December - Price action plays withing the pennant

Late December to January - break out of the pennant , temporarily consolidate to support

January - slowly creeps upward to resistance, forms a bull pattern, probably a flag

Late January - Breaks out of flag and test $16,000 to ATH but fails

Early February - Consolidate 36-45% depending on how massive the movements are

Mid to Late February - Creeps to ATH and eventually BREAKS ALL TIME HIGH

CNBC REPORTS ON BITCOIN BREAKING ATH

Early to Mid March Peak to $34,000 - 54,000

Late March - Consolidate 60-80% depending on how massive the movements are
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