Longerterm Bitcoin Outlook
I Believe we will retest and break the ATH where we will ultimately find support looking towards a modest couple of years and a following bull market push toward 4-5k in 2020.
Key Assumptions
Current Trend is a rising wedge which will ultimately break down and look for support.
Assumptions which would otherwise Positively impact price
- No Significant Global economic shocks
- No immediate ETF impact
Assumptions which would otherwise negatively impact price
- Scaling Consensus
- Chinese Exchange Resolution
Key Assumptions
Current Trend is a rising wedge which will ultimately break down and look for support.
Assumptions which would otherwise Positively impact price
- No Significant Global economic shocks
- No immediate ETF impact
Assumptions which would otherwise negatively impact price
- Scaling Consensus
- Chinese Exchange Resolution
Note
Playing out nicely so far. lets see if we can hold the bull trend.
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.
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.