alanmasters

Bitcoin, I Got It Wrong - How Much Higher Can Go? Leave Comment!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
The TD Sequential for Bitcoin on the monthly timeframe is showing additional room for growth.
The RSI is extremely strong.

I got it wrong every single time on the bearish perspective, so I want your honest input on this one...

How far up can Bitcoin really go?


This is not a rhetorical question, I truly want to know your opinion as to how high Bitcoin can really go.

Let me know YOUR number in the comments section below.

Namaste.
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Comments

As things stand now the most conservative estimate is just under 24000.
Other targets stand at 36000, and 56000. As more price action plays out these targets might evolve to new targets.
+1 Reply
alanmasters innocentAccoun35113
@innocentAccoun35113, Thanks a lot for sharing... That sounds pretty good.

Namaste.
Reply
its just passed its local top now 16400's, will come back to 12500 before going to ATH.
+1 Reply
@lewss, This is yet to be seen... Remember that this rally wasn't caused by FOMO nor Hype but instead BIG players buying from behind.
Reply
I wouldn't say you got it wrong, just that I felt your previous charts are/were conservative. They show a gradual incline to 30k, where as the Bitcoin I know like the stage far too much for the slow and steady approach. I reckon when it breaks to ATH it will be quick and crazy...probably followed by an equally quick and crazy pullback (which I intend to be brave enough to short this time - I was so new in 2017 that I didn't have the guts!)
+1 Reply
@GeekMama Did you answer his question?
+1 Reply
"Never short bitcoin" - Albert Einstein
+2 Reply
alanmasters GandalfTheBitcoinWizard
@GandalfTheBitcoinWizard, Great one, lol.
Reply
alanmasters GeekMama
@GeekMama, Thank you for sharing.
Reply
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