Bitcoin - Gearing up for $20,000+

in #bitcoin7 years ago

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A lot of people are claiming that BTC is going to fall under $10,000, I have even heard crazy claims of $8,000 and all the dinosaur investors on Wall Street saying that "told you Bitcoin is a giant bubble!", but I beg to differ. BTC is in a HUGE bull pennant on the 1D which has bounced almost perfectly off of support and resistance lines. This is the biggest bull pennant I have ever seen on BTC 3.75% and could send the price massively high when it breaks out. My goals are over $20,000 and even to new all time highs above $25,000. Now is a good time to be accumulating Bitcoin all of this FUD and manipulation has led to MASSIVE buys in the low $12,000-13,000 ranges by whales and smart investors. Don't miss out on this ride, hold BTC and not fiat. BTC 3.75% will probably be moving up and down between now and the consolidation date of about February 1st. This is near support and is honestly a good buy and hold for this month as it won't see these lows for a while. Bullish indicators include: bull pennant consolidation, bollinger bands getting very tight, MACD which has been bearish for a while starting to show bullish converging which is about to flip the histogram, and RSI starting to point upwards. Now also note that these indicators are on the 1D chart which indicators long term bullish movement which is very important for BTC at this time. So all I can say is be strong, hold BTC and strap on for the next major run coming up.

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Legal Disclaimer: it's my own opinion , make of it what you wish. it's just my own information . not advice or entertainment not purposes.

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Upvoting you because I want a lambo even though your post makes no sense

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin14209.500$4.42%-5.67%
BTSBitShares0.543$2.17%-26.19%
ETHEthereum1332.480$0.08%17.61%
LTCLitecoin238.491$-0.74%-5.95%