Realistic Prediction
Bitcoin Price Prediction
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Reasons:
– Price in Buy Zone
– Possible pattern “Head & Shoulders”
– Buy Zone: 6,830 – 7,000 USD
– Buy Zone coincide with Key Level of “Head & Shoulders” pattern
– 1st Target Range: is previous local high 7,346 – 7,678 USD (neck area)
– 2nd Target 8,100 USD if price will break neck area
– Always do your own research
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In this downward direction, our forecast is for Bitcoin’s price to reach $ 5,000 on January 13, 2020.
Bitcoin Price Prediction – Q1 2020
Bitcoin Price Prediction Q1 2020
This article was written on December 17, 2019.
Considerations:
- The Bitcoin price at Level 3: $ 6,898.97 .
- Level 3 was reached in May 2019.
- The Bitcoin price at Level 4: $ 5,079.35
- Level 4 was reached in April 2019.
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Since June 2019, bitcoin prices have tended to fall (red arrows on chart).
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It also presents well-differentiated levels of descent and ascent represented in the graph by the difference between the red arrows.
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Currently the price of Bitcoin is reaching the level 3.
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The market has presented several doubts about bitcoin price and so it has been falling.
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In this downward direction, our forecast is for Bitcoin’s price to reach $ 5,000 on January 13, 2020.
More Information
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