BTC/CRYPTOCURRENCY Trading Analysis Update: 12-09-2019. Video 205

This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can …



    3 k and below are coming.

    Once 7.3 k is broken (and it will be broken), the first target for Bitcoin will be 3 k.
    Then 2 k, and perhaps 1 k just to fulfilled the Hyperwave theory.

  2. Two key differences btw the previous descending triangle and the current one: 1. The previous one was created during a downtrend, this one is on an uptrend. 2. Previous one was below the weekly 20 SMA, current one is still above. The key fundamental to look right is the hash rate which is at an all time high and BTC would have to be at USD 31K in order to match it

  3. Fakedown to 8500 to scare the shit out of everyone before it pumps and retests the bottom of the triangle as support. Consolidation between 8500-11,000 until late November coinciding with an alt season before BTC pumps to New ATH's in January

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