We have been having a lot of debate on where the trend might be shifted to in terms of BTC price. The highest price this year almost reaches $14000, while the majority still believe that we might still get back to this price and even surpass that level, some still at the conservative position that BTC will hover between $7000 -$10000 maximum before the end of this year.
Is anybody here believe in any of these scenarios with valid points and if available an illustration that will establish the fact.
Many speculations and too much to anticipate all but what captures my attention is someone who says we might fall down to $6k this October and May recover before December
And upon checking his past post history I found some of his prediction is always closer to what the market goes the time he predicted so I think yes we have a rally before 2020
Maybe not big like last 2017 but atleast not lower than 2018 so keep holding and coming guys we are now in 4th quarter and many things happens this season from the past
I think that October forecast of 6k is correct. Looking at the current scenario there is definitely a wave down pending to come and it can come anytime until the end of the month while talking about the bull run I think we are in this 10k flux for atleast a year more. It's not actually a specualtion but a TA guided idea after studying analysis of many big traders around tradingview all of them are certain regarding two things one is 6k level is coming soon as that is the downward line of the descending parallel channel and second is the bull run of 2020 because after that one leg down we will come above to break the parallel channel and such a push upwards could drive us to something like 17k. We are in a re accumulation sort of phase as of now.