BitcoinLong
BTC $16,000 on October 3, 2019
The chart begins with the yellow channel defined by support/resistance boundaries. Next, three trend lines were drawn (two purple lines and one blue line). The two purple trend lines follow short term support/resistance points until they converge with the upper yellow channel boundary. Similarly, the blue trend line follows support/resistance points, but projects when the price will next contact the yellow channel.
The point of convergence casted by the blue trend line predicts Bitcoin hitting $16,000 around October 3, 2019.
Prophecy:
October 3, 2019 @ $16,000
The point of convergence casted by the blue trend line predicts Bitcoin hitting $16,000 around October 3, 2019.
Prophecy:
October 3, 2019 @ $16,000
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