Get started
Augustus_Lee7

BITCOIN: Sideways, Break Upward In Early 2020

Bitcoin (BITSTAMP:BTCUSD)  
Augustus_Lee7  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) bitcoinforecast Cryptocurrency crypto cryptotrading cryptotrader bitcoinprice
7
0
trendanalysis chartpattern waveanalysis bitcoin bitcoinforecast cryptocurrency crypto cryptotrading cryptotrader bitcoinprice
Price will mimic early 2019 before breaking higher into new ATHs in 2020.
From current price, we should slowly continue higher till around 9800 when price should reverse downward.
Price will then re-test lower support (X)
before re-testing upper resistance (Y)
Price will continue consolidation before a full breakout (Z)

Projected 50 day Moving Average will provide support.
This will mirror early 2019 50 MA
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.