Here is my guess on how bitcoin will move the rest of 2019. I think we have entered re-accumulation / consolidation.
In the previous bull run, somewhere just after the start, we also entered re-accumulation, see my image below:
I think the pattern we are in right now is a bit similiar. So this means no big moves until nov/december, I think the next rally will bring us to atleast 20k. After 20k is tested a support re-test is very likely if we breakout from an ascending triangle.
Anyway, my 2 cents, gl & hf
In the previous bull run, somewhere just after the start, we also entered re-accumulation, see my image below:
I think the pattern we are in right now is a bit similiar. So this means no big moves until nov/december, I think the next rally will bring us to atleast 20k. After 20k is tested a support re-test is very likely if we breakout from an ascending triangle.
Anyway, my 2 cents, gl & hf
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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.