In June of this year the SHARK posted his year end Bitcoin price prediction...nothing has changed. The SHARK sill has a price target of $127,000. After tonights weekly candle close and successful backtest of 60k look for us to get to 70k-72k by this coming weekly close on OCT. 31st. The Bitcoin weekly charts haven't looked this bullish since last years run. In the short term there is an ABCD chart on weekly timeframes has us getting to the 80k level by the second week of November. To all other diamond hands out there let me compliment you on staying tough this summer when everyone was telling us we were wrong. Keep swimming with TheSHARK we are almost there.
Comment:
Looks like I'm going to be about 1-2 weeks early on this post with timing but the concepts and plan are still the same. Lets see how this week develops. We just had the highest ever monthly candle close in Bitcoin's history...things are going to start to heat up soon. Stay tuned.