I thought I would share a second alternative longer timeframe idea that I think is far more conservative vs my previous prediction.
(see my ideas for reference)
My plan is to use both ideas to form a trading range with the caveat that Bitcoin continues a bullish trend. I believe this idea helps to validate proposed upwards momentum that could lead to prices by the start of 2020 from $17500
The reason I believe this is very conservative is because:
1) Bitcoin halving is approaching
2) Establishing a new ATH would validate future growth / bullruns
3) Bitcoin is still in early stages of adoption / development
(see my ideas for reference)
My plan is to use both ideas to form a trading range with the caveat that Bitcoin continues a bullish trend. I believe this idea helps to validate proposed upwards momentum that could lead to prices by the start of 2020 from $17500
The reason I believe this is very conservative is because:
1) Bitcoin halving is approaching
2) Establishing a new ATH would validate future growth / bullruns
3) Bitcoin is still in early stages of adoption / development