garavel-benibul

Bitcoin long term

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD may have dropped more than 50% in May, but it's still in an uptrend.
If we look from the weekly time frame, we can see this more easily. I have a Fibonacci channel, which you can draw this channel from 12 Jan 2015. We predicted 2017's top according to this channel.

If it'll work again like in 2017, new all-time high would be 300k in mid-December 2020.

We'll wait and see

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