Long

Bitcoin BTC will be very soon on cloud no. 7 Target $20k

Bitcoin has to pass 7 clouds to reach 20k

On weekly Chart from 18 dec 17 onwards
Total Red Candles 21
Total Green Candles 21

Busiest Zone - GROUND 0 (5767-6800)
BTC have to break 6800, to reach stage 1.

STAGE 1 (Roller coasters ZONE): 6800- 8514
Its trend zone both in green and red.

STAGE 2 (QUICKEST ZONE): 8514 - 9566
Price movements are very fast in this zone.

STAGE 3 (BALANCED ZONE): 9566 - 11850
BULLS VS BEARS

STAGE 4 (RED ALERT ZONE- HEAVY SELLING): 11850 - 13473
Becareful in this zone - from bears

STAGE 5 (POWER ZONE): 13473-16238

STAGE 6 (LAUNCHPAD ZONE): 16238 - 18912

STAGE 7 (DELIVERY): CONGRATS WE'RE AT 20,000

Conclusion-
Based on this weekly chart, Ground Zero is almost going to over in a matter of days, infact Bulls already hit stage 1 and may enter stage 1 any time.
Stage 1 and 2 are very crucial in coming days.

Stage 2 is at Fibonacci 78.6 and very short zone, if passed we will see 11k which is at Fibonacci 61.8.

So HODL your BTC, soon we will be seeing stage 2 and 3.

If you liked this analysis hit the like button.
Will come with 2nd part of this analysis soon in different time frame.

HAPPY TRADING.

Zia (open4profit)

open4profit

💬 Open4Profit Telegram
t.me/open4profit

🌐 Official Site
open4profit.com/

🔥 Fat Bull Signals
t.me/fatbullsignals

✅ Private Signals Channel & Portfolio Management Service plz email zia@open4profit.com

Also on:

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.

open4profit

Also on: