Simple ideas into March 2020 based off the price action zones BTC has/is creating.
I can see a future to 15-18k zone...peak being a spike and probably a very heavy denial. There will be a lot of people trying to recover investment losses of 2018. We are hitting those numbers again. I see the people looking through the hope cycle and pushing numbers to the north for this reason.
Impulse Build up.... Impulse
Please review related and prev. ideas :) As always please like and comment your thoughts on the upcoming movements of BTC. I simple see the large time frame accumulation zone beginning before IMPULSE 2 on daily begins. Until then we need a SOLID ceiling that proves a drop back down. I believe that drop can happen anywhere between 15-18k and that we are getting a 123 or ABC impulsive reaction to the market. I have marked a FLAG range that would be a good probability to say this would be our large base accumulation build up into March 2020. Just like our recent April of 2019....I see another rise come April 2020. But from where????? what price??? and WHY???!?!?! You tell me your thoughts... Thanks for following and supporting everyone!!!
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ENTER AGAIN AT THE MOST EXTREME OF DISBELIEF CYCLE. This is where bitcoin will buckle down and prove to stay and grow with the technology and in unification of all block chains. Afterall....btc is king and serves as bedrock for digital assets.
Keep in mind BTC halving Keep in mind MOST of btc will be mined by 2030 with a long stretch on the last bit.
There is a lot of time to grow....make full use of it!
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Price has hit Point A zone. Lets see if we now head to a "B" zone or consolidate into a flag
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Point B confirm HIT with a selloff back to the bottom
Will we W off the old ceiling? Or will we re-visit and pick people up at the next floor down????
About 90–95% of the traders /investors CONSISTENTLY lose money on Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!
AschraM
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@CryptoEngineering, they should follow fundamental development then to go along with their technical data! :D nice charts CryptoEngineering! I took a look at the post well thought out and written! Nice 1!
CryptoEngineering
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@AlexSchram, Thank you dude, I also like your TA strategy. Good luck on your trading.