Hi, Everyone.
This is Gann’s Fans analysis for long term investors like me.
We are playing on Bear Market yet, Bull Market will start when BTC go above thick green line.
If that day comes BTC can pump and surpass the previous peak price 20,000.
So we need to prepare to buy on scale.
There are 3 options support prices and reasons if BTC dumping.
A. Fibonacci 0.382 area : 7400-7800
B. Upward trend line from 2015 : 6800-7100
C. 200 weeks trend line : 5800-6100
I believe the pump will come before Bitcoin Block Reward Halvin.
Have a nice weekend.
Thanks.
This is Gann’s Fans analysis for long term investors like me.
We are playing on Bear Market yet, Bull Market will start when BTC go above thick green line.
If that day comes BTC can pump and surpass the previous peak price 20,000.
So we need to prepare to buy on scale.
There are 3 options support prices and reasons if BTC dumping.
A. Fibonacci 0.382 area : 7400-7800
B. Upward trend line from 2015 : 6800-7100
C. 200 weeks trend line : 5800-6100
I believe the pump will come before Bitcoin Block Reward Halvin.
Have a nice weekend.
Thanks.