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BTCUSD - The short answer is no one knows where it's going
This isn't investment advise and blah blah blah. I don't hold bitcoin myself but I am in various alt-coins and it behooves me to keep an eye on bitcoin. Still, I'm going to make an educated guess on price movement in the near term but you'd be a fool if you threw down based solely on my speculation.
This looks like a slightly descending triangle with an end in 2021. Assuming I've actually identified a trend it's going to be a boring year for the hodlers although modest gains can be made if sells and buys are made at appropriate times. I could see us returning to the 4,000's sometime in the next 4 months. Of course the stock market could always crash and catapult bitcoin... or I could just be plain wrong.
This looks like a slightly descending triangle with an end in 2021. Assuming I've actually identified a trend it's going to be a boring year for the hodlers although modest gains can be made if sells and buys are made at appropriate times. I could see us returning to the 4,000's sometime in the next 4 months. Of course the stock market could always crash and catapult bitcoin... or I could just be plain wrong.
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