BitcoinLong
Bitcoin - repost
I posted the weekly chart above back on November 13th, 2018 just before rip down to 3k. I foretold 2 possibilities.... Scenario A which was a spike down to just under 3k followed by a reversal, as institutional fomo caught on, to 17k by September 2019. Scenario B was a more moderate rise following the late bear market peaks. Both Scenario's followed symmetrical arcs based on the downward trajectory off the highs in December 2018. While not perfect it seems price is following Scenario A fairly closely. Should be interesting to watch as time unfolds.
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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.