AlanSantana

Predicting The Next Bitcoin High! What Will It Be?

Long
AlanSantana Updated   
BITSTAMP:BTCUSD   Bitcoin
Right now we already know that Bitcoin (BTCUSD) is strongly bullish, its price has been consolidating near All-Time High for over 50 days... The longer this bullish consolidation continues, the higher that prices will go when we see a bullish break.

Our previous target at $65,000 is no more.
We have really strong indicators right now that supports additional growth.

$69,500 can be good short-term but the $75,000 looks like a more probable stop, but we are likely to go much higher, Bitcoin likes to be at the top.

We aim for $80,000+ and beyond.
With $100,000 still being in the cards...


What's your take?
How far up do you think Bitcoin will go on its next bullish move?

Leave a comment with your number.

Thanks a lot for reading.

Namaste.

P.S. The fact that many altcoins are losing momentum as Bitcoin faces resistance, counts as a bullish signal for Bitcoin.
Comment:
We are doing great. A new All-Time High has been hit today.

Here is the 4h timeframe chart for Bitcoin (BTCUSD):
- New ATH.
- Prices moved above resistance as we expected.
- This is only the beginning.
- Bitcoin will continue growing.
- Altcoins can retrace/correction while Bitcoin grows.
- Money that leaves the Altcoins flows to Bitcoin, Bitcoin increases in prices corrects, Money that leaves Bitcoin flows to Altcoins... Rinse and repeat...

Namaste.
Comment:

Prediction: We are looking at a target of $80,000 per Bitcoin within 2 or 3 weeks... Just an educated guess after some calculations.
Comment:
Can be faster also...
Comment:
Slowly but surely... Today Bitcoin hits a new ATH.

Here is the weekly chart, it looks really good but the week is still young:

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