In_the_future

What will Bitcoin do in 2020?

Long
COINBASE:BTCUSD   Bitcoin
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In this analysis, I'm factoring in the following:

1. Using Trend Lines, FIB, and RSI levels to determine the general timing/location of each move.
2. Factoring in the declining rate of returns from halving to halving
3. Including the fact that we seem to be experiencing quicker/steeper drops/inclines in this halving.

You'll notice that I'm assuming that we pump up until the halving and then the price could decline for several months before we head into our next uptrend going into the ladder part of the year. The end of the year should be timed well with the fact that December usually represents the high or low of the year. So, there's a lot going on around this time.

Credibility? Here's my last forecast. If you hit the Play button you'll see that I was pretty spot on with my timing.
PS - Created this analysis because I didn't go out a full 12 months on my last forecast.


BONUS: Here are some great indicators that I like to follow. www.lookintobitcoin.com/charts









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