This is one possible scenario of BTC price movement if we take into consideration that the bottom was in at 3100 and bitcoin is now back on the bull rally.
The above prediction is strictly for educational purposes and should never be relied upon to make investments. Please perform your own due diligence before making investments into bitcoin or any...
This is one possible scenario of BTC price movement during this suckers' rally.
The above prediction is strictly for educational purposes and should never be relied upon to make investments. Please perform your own due diligence before making investments into bitcoin or any other crypto assets as these markets are very volatile and it is impossible to...
I look at $1375 - $2975 range as an accumulation phase and it is purely based upon historic market performance. Bitcoin to establish a full bear market and ultimately breakout of it and top $100k by fourth quarter of 2021!
The 100 week moving average has been acting as a very solid level of support and Bitcoin has tested and bounced off that moving average about 7x now since June 2018 and has been above the 100 week moving average since October of 2015 and after almost 3 years Bitcoin retraced to that level and is still holding quite strong!
This chart illustrates long term extrapolation of the log chart trend for EOS, with key Arc trends.
Based on this historical trend, break of price above the white line could have the potential to make a push towards max $27 - $35 over the course of couple months.
Phase 7 of the Hyperwave broke below phase 3 line and therefore phase 3 line no longer exists.
There's a possibility that we can see a reversal at $5800 if we get dramatic buys and start phase 3 again.
If $5800 support level doesn't hold then next reasonable support level is the phase 2 line which sits at the $4000 level
and if it happens to break below Phase 2...