Just look at last ATH and 28 November 2017 quick climb and even quicker correction drop of $2000 or 25%. Today we have a faster and higher climb and bigger correction of more than $3500 but in percentage, it is again 25% as was previous but with bigger volume..
So from this data I came to conclusion that we can expect new ATH within a next few weeks and based on the faster climb, higher correction position and bigger volume I can assume that this time it could reach $25000-$30000. Then we will have another one year long correction ( shorter or squeezed timeframe as it was between previous ath's) but I don't believe it could be lower than $10000 and then 2021 could be a year of a new real ATH.
I am very excited to share with you for the first time my own opinion and it is based on my prediction that is more than a year old (but not published) and that is that next all-time high could come in a much shorter timeframe as it was between previous ATH's. So I studied it based on previous 2014 and 2017 timeframe and similarities on trading movement. To be honest I had "squeezed time" prediction for next ATH to come two years after the last one from december 2017 (not almost 4 years as previous 2013 - 2017) so about year 2020 because Bitcoin is going to the media and it is quicker adoption this few years as it was at the beginning but it surprisingly came half a year sooner.. and yes I was predicting and hoped that next time it will be more accelerated but not as much multiplied than previous and this comparison to 2017 chart is telling me that it could come true..
I had followed many authors on tradingview and studied cripto world for about two years constantly and here is my view of how BTC will move in this bull run.
So as I said I had viewed many ideas from various authors here and few of them were accurate other had bad predictions. Some of them use complex tools for TA some use none. I follow other ideas but I make my own conclusions based on many others and I use basic TA and have hope for BTC :)
So this is not trading advice but just my own view.
So what do You think could my scenario work?
So from this data I came to conclusion that we can expect new ATH within a next few weeks and based on the faster climb, higher correction position and bigger volume I can assume that this time it could reach $25000-$30000. Then we will have another one year long correction ( shorter or squeezed timeframe as it was between previous ath's) but I don't believe it could be lower than $10000 and then 2021 could be a year of a new real ATH.
I am very excited to share with you for the first time my own opinion and it is based on my prediction that is more than a year old (but not published) and that is that next all-time high could come in a much shorter timeframe as it was between previous ATH's. So I studied it based on previous 2014 and 2017 timeframe and similarities on trading movement. To be honest I had "squeezed time" prediction for next ATH to come two years after the last one from december 2017 (not almost 4 years as previous 2013 - 2017) so about year 2020 because Bitcoin is going to the media and it is quicker adoption this few years as it was at the beginning but it surprisingly came half a year sooner.. and yes I was predicting and hoped that next time it will be more accelerated but not as much multiplied than previous and this comparison to 2017 chart is telling me that it could come true..
I had followed many authors on tradingview and studied cripto world for about two years constantly and here is my view of how BTC will move in this bull run.
So as I said I had viewed many ideas from various authors here and few of them were accurate other had bad predictions. Some of them use complex tools for TA some use none. I follow other ideas but I make my own conclusions based on many others and I use basic TA and have hope for BTC :)
So this is not trading advice but just my own view.
So what do You think could my scenario work?
