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Bitcoin Price Prediction

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.
  • Since June 2019, bitcoin prices have tended to fall (red arrows on chart).

  • It also presents well-differentiated levels of descent and ascent represented in the graph by the difference between the red arrows.

  • Currently the price of Bitcoin is reaching the level 3.

  • The market has presented several doubts about bitcoin price and so it has been falling.

  • In this downward direction, our forecast is for Bitcoin’s price to reach $ 5,000 on January 13, 2020.

 

 

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