new highs confirmed by double bottoms, beware of possible whale manipulation into halving. hodl till 2030 forecast - end of the petro dollar ( hyper inflation ) - new economy needed - further industrial automation due to covid-19 capital losses - U.S election Trump wins landslide - 2021 starlink online provides broadband internet to north america. - socialism boils in america 2022,2023, into 2024 elections. Elon musk enters race for U.S president - 2023 fourth industrial revolution a services based sharing economy / construction at 50/50 complete. - 2024 bitcoin reaches high of 80k new low of 30k. elon musk wins 2024 U.S presidential election. - 2024 starlink complete, broadband internet ready to launch globally . citizens in third world countries w/ smartphones = digital wallets (bitcoins time has come) - 2025 bitcoin reaches new high 1 million ( United nations recognizes bitcoin as the new global currency - capitalism spreads across the globe.( WW3 diverted ) - 2026 moon base operational - low gravity manufacturing and moon mining commences - 2027 paypal mafia reveals they invented bitcoin.
Trade active
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btc reaching next daily condle peak before a small correction to make a new high double bottom confirmation.
Before considering a Long I have a short view due to the strong sellers area :)
Starlinkbtc
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@RebeccaCoacci, plausible but as a potential seller myself at that area of 7700 i would play devils advocate and say bitcoin survived a historical event ( a global recession maybe even depression) all global currencys are fluctuating to turmoil. COVID-19 will hit africa, lation america and india the hardest. 1st world countries were able to keep their heads out the water from the tsunami wave, so a rebound in the finance 1.0 is likely for may and the correlation of btcusd to finance 1.0 would suggest a good support line at target one and breakout of 7700 before or right after bitcoin halving, ( with manipulation )
UnknownUnicorn7104034
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@Starlinkbtc, Just check your previously analysis and see how the last trend line of your analysis is just a strong resistance and sellers level.
UnknownUnicorn7104034
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@RebeccaCoacci, For sure in the long term we will see again a bull market, but not yet. A strong buyers level just become a sellers level, you can check this just from your analysis.
Starlinkbtc
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@RebeccaCoacci, yeah who knew a deadly virus was inbound did you ? the course changes as the path in front of you reveals itself. im not saying btcusd will hit 20k in 2020. as my current chart its pointing to 10k not the moon. i dont see any breakout of 10k till 1st quarter 2021. either way entry points can be made, i would rather buy btc or eth at 7k than 9k