BitcoinLong
BTC – optimistic outlook. $560K in 2 years time possible.
Hi Guys!
We are in the middle of the summer.
Volume is down.
But let’s try to imagine and predict the next 2 years of BTC behavior.
We are sure we will reach the sky (at least from the current perspective).
We discovered a great indicator made by Lazy Bear.
It is public so you can take a look at the code but in general, it operates on the average of the highest, lowest and close and its ema in the given time.
So it looks interesting.
We used a 1W interval.
We noticed that once the indicator crossed the level of 30 it was above it for another 854 days.
There were some fluctuations afterward but they were all above this line.
As you can see the indicator crossed this line at the end of April 2019.
We should stay above, till the end of August 2021.
As right now the volume is rather low we don’t expect much demand and supply.
The price should stay between 9K and 12K.
We expect to observe a strong rally in Q4 2019.
We may go as high as 40K -50K at the end of December 2019.
Do you like such a scenario?
Please do tell us down below in the comment section.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team
We are in the middle of the summer.
Volume is down.
But let’s try to imagine and predict the next 2 years of BTC behavior.
We are sure we will reach the sky (at least from the current perspective).
We discovered a great indicator made by Lazy Bear.
It is public so you can take a look at the code but in general, it operates on the average of the highest, lowest and close and its ema in the given time.
So it looks interesting.
We used a 1W interval.
We noticed that once the indicator crossed the level of 30 it was above it for another 854 days.
There were some fluctuations afterward but they were all above this line.
As you can see the indicator crossed this line at the end of April 2019.
We should stay above, till the end of August 2021.
As right now the volume is rather low we don’t expect much demand and supply.
The price should stay between 9K and 12K.
We expect to observe a strong rally in Q4 2019.
We may go as high as 40K -50K at the end of December 2019.
Do you like such a scenario?
Please do tell us down below in the comment section.
Thank you for reading and your time.
MASSIVE Hugs!
WBM Team
Related publications
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.