BTCUSD (1D): Where are you going, BTC? There is only one way! :)

2019年10月15日

Bitcoin is soon rare as gold. Even central bankers are currently dealing with crypto currencies. Will Bitcoin come back with force in 2020? I say: Yes! And earlier than we all think.

Everyone knows the forecast of John McAfee, who sees Bitcoin at one million. Me too, by the way. The latest price target of the Bavarian State Bank of 90,000 dollars per coin is almost conservative.

Gold has a stock-to-flow ratio of 58. After halving, Bitcoin's stock-to-flow ratio rises from 25 to 50. Bitcoin would then be as rare as gold. On this basis, the price would increase by a factor of ten.

The Bitcoin course will recover soon. Before the two halvings at the end of 2012 and 2016, a bottom formation was observed twelve months before the date. This also seems to be the case now.

And central banks are planning to introduce their own cryptos. This strengthens Bitcoin additionally and is no competition.

I see the price development accordingly. In my opinion, the price could go even higher.


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Let's see what happens.
Happy trading. :-)


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Look also at:

2019年10月15日

註釋

close up of the current situation...

2019年10月23日

註釋

Bottom reached!?

2019年10月23日

註釋

also at 4h a bullish divergence.

2019年10月25日

註釋

a possible scenario. update.

2019年10月26日

註釋

strong impulse broke all resistance up. strong bullish sign.

2019年10月27日

註釋

this could be our abc. after this more up ...

2019年10月28日

註釋

also a possible move ...

2019年11月17日

註釋

sideways up ...

2020年1月15日

註釋

still on track

2021年1月3日

交易結束：目標達成