Hello dear cracked.to members I want to show you here what the Bitcoin price will do in the near future. So mark my words.
In 4 days is the next Bitcoin halving what means: lower block reward, but also a amazing price increase in the next year (historicly).
First of all I want to show you a chart and there I'll explain everything what will happen!
https://www.tradingview.com/x/P65zzShe/ (open link and read if possible)
1. Bitcoin is going to reach his first buyarea that is between $5700 - $6700 <-- Bitcoin halving dump
2. From there it'll pump until it reaches the red line above the yellow triangle, it'll be a triangle breakout and it'll simple retest it.
3. Aslong it hits the yellow line again it'll pump until $15k - $17k
4. then it'll have a correction, maybe again to the yellow line, another retest of the triangle.
5. What happens after this? Can't say yet. first it needs to correct to my buyarea and then get over the "A" wave. When it is over the A wave ($9.6k) we can assume that it hits all our targets.
6. MARK MY WORDS I WANT TO SEE THIS THREAD AGAIN IN 2021
Let's see and hope that all are going to get profitable!!!!