Frankly it is not looking good at the moment, I would even say it's time to sell, and buy back below 8k. I am pretty sure we are heading towards 7k-ish but hopefully we never go back below 6.4k. If we go back below 6.4 there will be a lot of blood (not like the movie).
Then in the middle term there should be a bounce back above 10k (I hope) but breaking above 11k and most importantly above 12.4k will be very tough.
Just hoping the halving will make things move to our advantage, but the technical analysis is looking very ugly in the short term
Expecting slow and steady growth for $BTC in 2020.
via Imgflip Meme Generatorhttps://twitter.com/galaxybtc/status/1195028502233399297?s=21Just give me my weekend hopium

Well the big difficulty will be to break that white line that you just posted, if we break it of course it's looking very good.
Anyway, for me things are quite simple at the moment. Bear market is clear now. It's not the time to buy, just monitor, maybe even sell and buy back below 8k. There is nothing to indicate we break that white line. It is just gambling at this stage.
BUT the good thing is, I will monitor the price for month, I don't think we break this line before a few months, but if we break above 12.4k next year I will put all my savings into BTC for a target at 19k or 20k. If we break 12.4k if won't be a question that we go to 15k or 16k, we will get there easily. That would be the easiest money ever. Just hope we get there.