TradingView
Cryptoi0
Feb 10, 2019 3:48 AM

2019 BTC Price Prediction 

Bitcoin / U.S. dollarBitstamp

Description

As many have noticed, BTC in 2019 has shown many of the same sign as it did in 2015.

Based on the repeating patterns and trend lines I have found, I believe the new 2019 Bullrun may start a bit earlier then most have anticipated.

I am predicting BTC to start in a trend reversal mid - end of June and reaching upwards of $7500 by Aug-Sept 2019.

Comment

You also notice the same falling wedge (yellow) and symmetrical wedge (purple) in both cycles.

Some of the trendlines don't match up 100%, this is because I wasn't using the log chart when I put the TA together.

Comment

So far it looks as the we are moving up as expected towards $4300-4400. At that point we should see a rejection which should push us down to around $3100-$3300. This may take 2 months to re test the bottom. Double bottom should confirm the end of the best season.

Happy trading!

Comment

Sorry typo. End of the bear market
Comments
Boon2
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
More