BTC - RANGE, THEN LIFT OFF

18 de jan. de 2020

Ok. So there are some bears out there saying that "yes it broke out of a multi month downtrend bull flag, but it still hasn't surpassed key resistance levels. Both statements are true. And because of that we could potentially range for some time. I do NOT think that is going to be the case but it is a possibility. Therefore, you must be mentally prepared for that to happen. Ranging is a good thing. It tightens up the BBands it compresses the overall chart and creates a buying opportunity prior to the halving. I think that if the ranging does occur it will only add to the rocket fuel prior to the halving and into the later part of 2020.