ZilLri0

Bitcoin is making another cup and handle as it did from 2014-16.

Long
BITFINEX:BTCUSD   Bitcoin
I see bitcoin recreating the scenario of 1300-1300 cup and handle and slingshot to 20K$ happening again except the slingshot at the start of 2020 will be dramatic all the way to the million dollar mark.....remember that japan olympics 2020 is trying to have over 250,00 vendors accepting bitcoin...

Bitcoin has proven to be irrational and not to follow text book trends. As we see here history does repeat itself and sometimes it also speeds up. I see 2017 happening all over again but in a much grander scale.

If we notice the period of 1300 down to 130 back up to 1350 down to to 800 and then a slingshot to 20k is very similar to what is going on here except with actual value market practice and heavy institutional money coming in.

Digital financial movement has arrived and will be speeding up drastically as more people are exposed to internet, digital property, and digital transactions.

Be aware 2019 is very similar to 1999, the true bitcoin "bubble has not nearly begun"
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.