BITFINEX:BTCUSD   Bitcoin
Presuming we re-test the capitulation wick like many times previous. We would then in sync re-test the year long trend line. Ive taken 2 fractals from the previous 2 upward climbs and set them at Bitcoins last line of defence around $40k.

If we continue up from $40k I personally can’t see an all time high until at least April 2020 at the earliest, if we carry on up from where we are exactly now $48.5, I see a possibility of a higher high maybe late Feb/March.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.