cosasverdes

Most likely BTC price action scenarios until mid-late Jan 2019

Long
BITFINEX:BTCUSD   Bitcoin
Yellow lines. The black price action lines were drawn in September as I made a call for a dump around Nov 10th to Nov 12th (one of my better calls this year even though the drop was more severe than I guessed).
1300 is easily 20% probable.
3200 is nearly 100% probable.
Most are thinking 2800-3000 will be a "wall." That's the herd mentality. The herd is (almost) never right.
I'm thinking a wick to $2000 around Jan 15-19 with daily candles closing around the 2400-2850 zone for days or weeks.
Then I call for a broadening trading zone until May-August 2019, of 2400 to 4800. We will retest our bottom a second time (just like 2014-2015), so if you miss it, you could place orders a good 5-8% above it and wait.
I'm thinking that we will retest EITHER 10K or 12,500 late 2019, hold the 8700 range in early 2020, then make ATH's late 2020 ($24K dec 2020?).

~ Cosasverdes Altcoin Kings
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