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Hmikael
Dec 10, 2019 8:46 PM

Btc longterm scenarios. 

Bitcoin / U.S. dollarBitstamp

Description

Mayby halvening not works this time like past cycles. How YOU are prepared for that bearish scenario? IMO Price soon approaching critical zone. If we break that red support line, we get pretty fast and ugly drop. Next weeks show which path btc choice.
Many traders are watching this line . Maybe the expectations are too high. Everyone expects the trend line to not break. Bitcoin will punish majority. It's a good idea to take this fact into consideration before you get big long like a boss.
Comments
cryptospawn
For now let's forget the Halving. By end of January 2020 BTC will form a cliff just like it did in November 2018 where it lost 50% of its value. If the cliff repeats we will see BTC at $3,850 again. That's what I'm waiting for. After that I don't care about the halving. Price will rise by end of 2020 with halving or without it.
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