16k in 2 days, 19k in 11 days. BTC to the Moon!
Just studying previous patterns, support/resistance, and fib retracement. I think we may see something like this if everything goes well in the next 2 days. Any thoughts?
Comment:
Made an error on the title. Meant to write 19k in 21 days.
Comment:
I think this forecast may still play out. It just has been delayed as the ascending triangle has moved. We're still very bullish on the Month and the Week. And the Daily is starting to turn again. Needed to consolidate as we were getting hot quick. And we may consolidate for a bit longer as drawn below before we can move higher IMO.
If we do happen to break through the ascending triangle and move higher. Remember that we will more than likely have a big correction in the 15.8-16.1 that will take us down all the way to 11-11.5 area and if that doesn't hold, we may go all the way down to 8.5-9.5 area (this area seems more likely).
After this, the next rally to 19k should happen IMO. With corrections along the way of course.
If we do happen to break through the ascending triangle and move higher. Remember that we will more than likely have a big correction in the 15.8-16.1 that will take us down all the way to 11-11.5 area and if that doesn't hold, we may go all the way down to 8.5-9.5 area (this area seems more likely).
After this, the next rally to 19k should happen IMO. With corrections along the way of course.