If weekly closes above 10.5k, a new rally will start
It is looking better and better for the emergence of a new rally, despite all odds.
Now, if the weekly candle closes above 10.5k this week, this will be a huge cofirmation, the one we need to be very sure that we will indeed see a giant new bullmarket.
This will culminate in hitting 20k still this year, and new all time highs by late 2020 or early 2021. 100k and more by late 2021.
However, only if the weekly really closes above 10.5k. If not, this still could be a fake breakout, like the last times almost 1 year ago. So we must be patient and see what BTC will want to do.
But the chances for a rally have greatly increased now. BTC is still full of surprises.
Now, if the weekly candle closes above 10.5k this week, this will be a huge cofirmation, the one we need to be very sure that we will indeed see a giant new bullmarket.
This will culminate in hitting 20k still this year, and new all time highs by late 2020 or early 2021. 100k and more by late 2021.
However, only if the weekly really closes above 10.5k. If not, this still could be a fake breakout, like the last times almost 1 year ago. So we must be patient and see what BTC will want to do.
But the chances for a rally have greatly increased now. BTC is still full of surprises.