Bitcoin Has The Potential To Head To 270 - 300 K

2021年1月28日

After scanning over price a few times I noticed that Bitcoin moved up by about 530% after crossing the blue trend line in 2013 and 2017. What is also interesting is that this price pattern seems to repeat following 4 years of consolidation. Currently we are at the 4 year mark and consistent with this time cycle chart pattern we should see Bitcoin rise to about 300K following a break of this final key area of resistance. If price rejects off of this upper line and forms a resistance ceiling, we'll probably see panic selling back down to the $20,000 area.