SweeetCorn
PremiumFirst target is ~30K. You don't have to bullieve, but just watch...
History tells us we might be close to a long term bottom here...
Let's see what happens here. 2020 should be very interesting!
I'm quite certain Ether has put in a major bottom here. $160 is a crucial long term support dating back all the way to 2017. If you're a bull, the time is now or never. Targeting $300 rapidly.
Looks like Ethereum has finally bottomed. Sentiment is very negative, perfect time for a nice pump. I think we see 220+ soon looking to test 290s by years end.
Vertical line is halving date +- a week. Bottom of this parallel channel has held strong since 2015. If we are truly in a bull market then ~6000 should hold as it is a huge order block. Sideways action till halving then pump to the moon. Idea invalid if 6000 breaks.
No TA here just documenting my thoughts. I believe the yearly candle will close above the high of 20K. Narrative around BTC is changing to store of value; stock to flow valuation model will be above 50K by halving, institutions are beginning to enter and BAKKT will fuel the hype. I don't see how you can be bearish here. 2020 should be a very good year for Bitcoin.
BTC did a beautiful fake breakdown below the symmetrical triangle and is now once again trading inside the triangle. 10900 is the resistance bulls need to break in order for BTC to continue higher.
After an epic push from 3K to 14K Bitcoin has been cooling off for the past couple months and the bears have started to come out of hibernation! Sentiment is very negative but we really haven't broken any key supports yet. Until 9000 breaks with volume I'm bullish . The 200 ma is beginning to catchup nicely and as soon as BTC has shaken enough weak hands at these...
I still believe we are in an overall bull market and the descending triangle will break to the upside. If descending triangle breaks down and breaks 200 sma then panic will ensue.
It seems to me the market is being accumulated right now. Target 1400+ in about 2 weeks.