Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Bossian
on 11/01/2020, 10:37:41 UTC
Decided as of Monday I'll be bearish  Grin



New target: $5,600, until proven otherwise. Fits with the bear channel we're in that everyone else has already identified.
Going to put my short-term bear cap back on folks.
5.6k will very likely be achieved in 2020 so why not... but it won't happen before second half of the year. There should still be a bounce back to 9k area.
Been waiting for 9k, possibly 9.5k to cash out but I am starting to lose patience. February is my target but wouldn't mind observing 9k next week!

I still think the halvening will have an effect but a late effect, hence the bearish trend for the whole year 2020, then recovery starting in 2021 but not enough recovery to see 19k yet (hence the infamous bet...).