Tin.Foil

BTC to $26k by Oct-20-2020 after inverse H&S Formation completes

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COINBASE:BTCUSD   Bitcoin
Prior to the incoming $26k...

Expect a crash to begin over the next few days, dropping to $6200 on or around July 14th.

Next, the rebound:

Phase 1 target $9700 - Aug 17, 2020
This marks the end of the bearish market with a significant Inverse Head and Shoulders formation, which leads to the Phase 2 rally.

Phase 2 target $14,500 - Sept 4, 2020
Phase 2 rally gives new hope and results in FOMO driving the bear even higher in Phase 3.

Phase 3 target $26,000 - Oct 20, 2020
Phase 3 is simply the completion of FOMO and I expect a rapid drop after topping out at/around $26,000.
İşlem kapandı: hedefe ulaştı:
Target was reached, but 2 months later than expected.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.