Description
⋅ Market is at a temporary peak. We will retrace down to $5,000 level and enter a re-accumulation phase for about 30 weeks.
At the Bitcoin Halving in May 2020, price will be around $12,000.
October/November 2020 Bitcoin will retest the ATH of $20,000.
October/November 2021 Bitcoin will set a new ATH around the $300,000 range.
Comment
⋅ I believe the lowest price we will see again in BTC is $3,700.
The 200 Week MA is at exactly $3,700
The NVT(128) is at $3,475
The NVT(200) is at $3,362
The NVT(320) is at $3,664
Comment
⋅ The 200 Week MA is at exactly $3,764
The NVT(128) is at $3,660
The NVT(200) is at $3,374
The NVT(320) is at $3,725