Leb_Crypto

Could Bitcoin double-top at ATH ($20k) end of THIS month?!

Long
BITMEX:XBTUSD.P   Bitcoin
Hi everyone,

Welcome to another unpopular idea on Bitcoin.

ATH end of this month?!

I present it because I don't see anyone offering it as a possibility.

Could Bitcoins current parabolic rise since beginning of the year be mimicking almost exactly the parabola of the 2nd half of 2017?

We present the 2019 parabola as an exact replica of the 2017 parabola.

If price action rhymes and day range of parabola too, Bitcoin could hit $20,000 end of August 2019 or early September. Yep, that's end of THIS month.

How likely is this scenario? Not much. But then again, our job is to offer all possibiilities. And since everyone seems to be talking about a relatively boring sideways action re-accumulation phase for a few months, this idea then becomes juicy as a contrarian - not thinking the same as all analysts.

This is not financial advice - just an idea :)

Cheers,
Leb Crypto

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