Key Takeaways
- Prior to the last bull run market spent over 600+ Days in the Era of Depression
- 60+ Days Plus for hope restoration
- 120+ Days of full bull market till ATH
- After the break above $18,000 a new momentum was regained.
- If 2020 is anything like 2017, between Dec - Feb 2021 we expect to see a New ATH with a 120 day bull market
WE JUST CROSSED BELIEF ERA – Expect the media to wake up soon
💭As it turns out when we compare the market cycle to our present day chart, we find out we have passed the:
😱The Panic Phase
😡The Anger Phase
🤮The Capitulation Era
😔The Depression Era
😅 And now we find the market between the era of restored hope and high optimism only this time we on a larger scale and at a higher stands.
📆 2020 doesn’t look so different from 2017 but this time its only a pity that before the mass FOMO will begin bitcoin might already have surpassed its previous ATH of $20,000/BTC
🌙 And if 2020 remains anything like 2017 then we may likely see $30,000/BTC between Dec 2020 – Feb 2021.
The moon perhaps might only be our starting point.
✊🏽HODL ₿ITCOIN ✊🏽
🟢 Trend Resistance R1: $30,000
🟠 Trend Support S1: $14,000
❇️ Key Resistance R1: $20,000
🔴 Key Support S1: $13,000
⬆️ Trend Indication: Bullish
Disclaimer
Disclaimer: The content in this article comprises personal opinions and should not be construed as containing personal and/or other investment advice and/or an offer of and/or solicitation for any transactions in financial instruments and/or a guarantee and/or prediction of future performance. NiclaxFX (NFX), its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness, of any information or data made available and assume no liability as to any loss arising from any investment based on the same.
Enjoyed reading this article?
Share with others on your favorite social media or leave a comment below...
