Why I'm posting this? I cannot resist myself not do so, because I know how many people will lose money or miss an opportunity to earn it, because of not knowing all I'm going to tell you here. What exactly I'm talking about? I could just say sell or "buy Bitcoin now", but I want it to make some sense for you and don't blame me later I was just lucky. Here are...
27th and 28th of January are Bitcoin medium term trend reversal and it's confirmation dates. Soon Bitcoin will go up for serveral K. There is 90% trend reversal pattern in my opinion (the chart is clean of my indicators and other lines). Just be aware some scary bad news (remaining 10%), that's the only way this trade may fail and don't forget about good risk...
$400+ is coming until the end of June! Good buy is 280-330. This is not just speculation, but obvious!
1. If the price touches red support line within next 24-48 hours, it may break through either way (70%); 2. If not it will continue growth (30%). I vote for the first one, it will touch the red line within 24-48h. Actually, now it is really risky time to trade, while Bitcoin is in price searching mode.
1. If it breaks out of the blue line price meets $2400, then back to $2300 and then possibly to 2600-2700. (75% Chance) 2. If it touches and goes lower then red support line, be careful, anything can happen. In this case I predict price movement back to $2000 and maybe lower. (25% Chance) I vote for the 1st one.
Here is simply measured multiple triangles, but in my opinion all of them are pointing to only one outcome, breakout! 3500+ at least.