Here is how BTC can move towards 100k by end of year 2020. Remember to stay focused on the longer term, as everything is lining up perfectly for bitcoin to have an incredible bull market.
Bitcoin looks like it is forming a classic falling wedge pattern, which will eventually push it back up above 11500 critical levels. Keep a close eye for breakouts or breakdowns of the trend, we are in a highly volatile period
After a brutal bear market, ethereum finally looks ready to move higher. first step is making it to the next fib around 400$. We will likely consolidate here forming an ascending triangle untill we take aim at the higher fibs. .618 is the ideal situation here, hopefully with Ethereum 2.0 set to launch around january we can achieve these prices.
I predict that bitcoin will bounce between the .618 and .5 fibs as it consolidates before the bullrun begins full swing around this christmas
Bitcoin has been in a point of indecision for the past month, but it looks like a hidden bullish pattern is emerging.
Bitcoin is coming to a breaking point as it is bouncing between the bottom trend of the upwards channel and the top trend of the declining channel.