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kyer
Dec 13, 2020 10:43 AM

BTCUSD $21200 Long Target Long

Bitcoin / U.S. dollarBitstamp

Description

For the entirety of this month so far Bitcoin has been suck accumulating just underneath it's previous ATH.

Now after reversing back upwards it looks like BTC has broken out to the topside of this wedge and is heading back up to hit its previous AH and go beyond $20,000

$19600 is the 1st TP and is followed shortly after by the psychological resistance level of $20,000.

After Bitcoin makes a clean close above $20,00, the next target is the top trendline to hit a target around $21200
Comments
Hambooger
I agree with 21.3k range
kyer
@Hambooger, Oh wow the fibs are almost the same as the channel I drew, I can see this playing out
Hambooger
@kyer, yup I see your region between 13.6-14.6k could happen after we see a 21k new ATH but I'm totally still learning so I am not 100% on my own prediction, nice to see others have similar ideas too though
PolarHusk
Thanks for sharing your idea 🐻❄️🙏😊😃
kyer
@PolarHusk, No problem thank you cheer
flowerheart
What do you think of it when it rises to 21200 and how much can it be recalled?
kyer
@duwenhao recalled back to ATH and trading there before swinging higher
Mark_demariya
nice
kyer
@pronaykmd97 👍
gelatikloro
how about mt gox will distribution 150k BTC in 15 December
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