BTC past end of year movement
Both end of 2018 and 2019 bitcoin saw a break down in price compared to where it was at the start of october starting in mid to late november.
Even in 2017 you can see it attempted to breakdown but was quickly picked up.
We are currently on trend with the 2017 fractal which would be great if we continued. we could see a high of 26k. I dont think thats very likely at the moment, however im always spot long btc.
I dont think we will see as big of dips as the previous years. if we do, we could see a low of $7100 which I also don't think is likely since we ran for the cme 9600 gap and didnt quite fill it. so there is strong support at 10k.
I kinda see bitcoin doing a similar run to 2017 but topping out around 14k. then dropping into the new year.
History tends to repeat itself so which year do you think it will follow?
Even in 2017 you can see it attempted to breakdown but was quickly picked up.
We are currently on trend with the 2017 fractal which would be great if we continued. we could see a high of 26k. I dont think thats very likely at the moment, however im always spot long btc.
I dont think we will see as big of dips as the previous years. if we do, we could see a low of $7100 which I also don't think is likely since we ran for the cme 9600 gap and didnt quite fill it. so there is strong support at 10k.
I kinda see bitcoin doing a similar run to 2017 but topping out around 14k. then dropping into the new year.
History tends to repeat itself so which year do you think it will follow?
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