BITCOIN HITS NEW YEARLY HIGH, AGAIN!!!

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ROADMAP FOR THE PLANB TO THE MOON

The chart above shows my idea on how the price of Bitcoin may goes as it may faces some slight drops as the US election has always been an impact to the price of stocks and cryptocurrencies as well, literally everything. Overall, it's still a bull run to me. The idea of the prediction of the price action of Bitcoin in the future was driven by the May 2020, Black Thursday event. Since after the heavy sell off of Bitcoins due to the fear of pandemic, the price never drops to a lower low but a higher low, hence, that's where the point that triggered the 'START' button of the Bull Run. I always take the price action from the history as a reference. It has a higher accuracy at least for me, I still have much more to learn anyway.

I'm willing to learn more from the expert and do not hesitate correct me if you have a better idea in the comment section below! :D

LATEST HINTS FOR THE BULL RUN IS STILL NOT DONE YET: 

A) THE KING HITS $13,310 RECORDS NEW 2020 YEARLY HIGH 

Shortly after BTC hits $13,310, it fell to the $12,900 level and never drops below that level and it is indicating SOMETHING BIG IS COMING! 

B) THE PRICE OF THE ALTS HOLDING STRONG

Litecoin one of the Alts that caught my attention in this long run. The price of $LTC remains calm even after $BTC had a drop of $400 in an instant today!

$LTC defended with just a change of -2.07%(24H comparison as of the $400 $BTC drops)

 

DO CHECKOUT MY PREVIOUS POST ABOUT TECHNICAL ANALYSIS OF BITCOIN >>> CLICK HERE

IF YOU HAVE ANY QUESTIONS ABOUT MY IDEA, FEEL FREE TO COMMENT BELOW! YOUR IDEAS ARE MUCH APPRECIATED!
THANK YOU FOR READING!

 

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