Leb_Crypto

$BTC in a Weekly Bull Flag since April 2019? Target $18k in Oct!

Long
BITTREX:BTCUSD   Bitcoin
Hi everyone,

Here's another update on Bitcoin on the Weekly Chart!

After completing the flag pole in June, Bitcoin may be in the process of completing the bull flag structure as it continues downtrending to $8.5k.

A simple extrapolation target of this bull flag sets Bitcoin at $18,200 in mid-to-late October 2019. This is inline with our ultimate EOY target of $40k per Bitcoin.

We all know how Q4 tends to be the most parabolic and bullish season of the year, particularly November and December.

Let's see how this plays out!

Cheers,
Leb Crypto

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