Re: Bitcoin Repeating History: 10 Part TA Series (September-October 2019)
Updated OP summary with results of initial targets (❓/❌/✔️) for transparency sake. Looks like my summarized target has been achieved 
That's a range between $2,500 and $6,875, with anywhere between 2-18 months of consolidation. ✔️
Conclusion: Anything could happen. Look for clues.
Prediction reference: Published on TradingView (Part 5) September 17th 2019 @ $10,265.
As a reminder, we are now at the horizontal resistance level of the descending triangle breakdown, in case you might be wondering why price is facing resistance:
Although a descending triangle from many months ago may seem irrelevant, on the bigger picture, it's still the resistance level that needs to be broken (and found support above) for price to move higher. Fortunately, this isn't the first time testing this resistance level, so the chances of making breaking above and turning it into support is more likely, though bare in mind this acted as support for 3 months (July-September), hence acting as resistance for 3 months would not be surprising (October-January).
Credit to @Sawcruhteez for reminding me of this resistance level, despite the confirmation of a cup & handle pattern with a target of $11,800. Personally, I wouldn't be surprised to see prices move upto $10K this week based on 2019 possible fractal, followed by a pull back, then further upside:
If Bitcoin Repeats History?
Descending Triangles Breakdown Summary
Descending Triangles Breakdown Summary
- 2012: Breakdown to $6,415 with 1 year consolidation (Part 4) ❓
- 2014: Breakdown to $2,500 with 1.5 years consolidation (Part 3) ❌
- 2017: Breakdown to $5,350 with 2 months consolidation (Part 5) ❌
- 2018: Breakdown to $5,050 with 6 months consolidation (Part 1) ❌
- 2019: Measured move to $6,410 to $6,875 (Part 2 & 5) ✔️
That's a range between $2,500 and $6,875, with anywhere between 2-18 months of consolidation. ✔️
Conclusion: Anything could happen. Look for clues.
Prediction reference: Published on TradingView (Part 5) September 17th 2019 @ $10,265.
As a reminder, we are now at the horizontal resistance level of the descending triangle breakdown, in case you might be wondering why price is facing resistance:
Although a descending triangle from many months ago may seem irrelevant, on the bigger picture, it's still the resistance level that needs to be broken (and found support above) for price to move higher. Fortunately, this isn't the first time testing this resistance level, so the chances of making breaking above and turning it into support is more likely, though bare in mind this acted as support for 3 months (July-September), hence acting as resistance for 3 months would not be surprising (October-January).
Credit to @Sawcruhteez for reminding me of this resistance level, despite the confirmation of a cup & handle pattern with a target of $11,800. Personally, I wouldn't be surprised to see prices move upto $10K this week based on 2019 possible fractal, followed by a pull back, then further upside: