Re: Bitcoin 2017 - 2020. Better price not yet to come. Be careful
With the current stats it does look like bitcoin will trade sweet at 20K in the coming days.
The 45 days window is perfect for it to achieve that much trading volume. With the holidays up-ahead many people do trade bitcoin for fun, for investments and part time stuff. This makes it more easier for bitcoin to go upwards and hold the ATH position.
From your graph itself we can make a match the current path is perfect one to reach 19-20k USD rates.
Well, I think the crowd will keep pushing Bitcoin's price until it hits a big sell wall for those who bought a lot of Bitcoin at ATH of 2017 The 45 days window is perfect for it to achieve that much trading volume. With the holidays up-ahead many people do trade bitcoin for fun, for investments and part time stuff. This makes it more easier for bitcoin to go upwards and hold the ATH position.
From your graph itself we can make a match the current path is perfect one to reach 19-20k USD rates.
I suspect that when Bitcoin's price reached its ATH peak it was sold off again. Then for sure, downtrend and Bitcoin will fall to $ 14k5 soon. Therefore, if there is a profit, please sell it, especially to sell a lot at about 19k $ to avoid being dumped by other holders first.