BTCUSD Targets and reasoning!

18 thg 12, 2020

Check my previous published BTC idea for a more in depth idea of where im coming from ... I called $24039 on Dec 9th. While it was at 17900!

Targets are:

$24030. =s range of 2017 to 2018 yearly closes plus 2017 close. Came close missing it by $110 12/16/20 . Also is 23.6% of 100k

$26342 equals 500 billion market cap

$33333 . 1/3 of 100k

$36654 . Equals 2018 range + 2017 high. Also is pretty much 38.2% of 100k

$52684 equals 1 billion market cap.
And a test of 50% of 100k.

Downside targets

$19891 previous high

$17800 which is 33.33% of 1billion

$13863 which was the close of 2017

$12300. Where trump said he didn't like it.

$0. It got hacked 😳

18 thg 12, 2020

Ghi chú

Also interesting, futures trading in BTC started on 12/18/17. Exctly 3 years to today where these highs were made. Also btc bottomed on 12/18/19 . Look at the chart. Even tho it broke thats days low in March 2020 I still believe the bottom was exactly 2 years after wall street tried to ruin it. And that the covid scare low wasn't a real representation of real value.

Also on that date in 2017 a Circuit breaker was implemented for crypto

18 thg 12, 2020

Ghi chú

Btc ran $19918 off the bottom it made in March 2020. 20k.for.2020 lol.
Also 19892 was the previous high so it ran the same #.
Crazy how the reciprocal patterns work so well.
If it breaks out to the upside again we look for $36654. which is the high 2017 ($19891) minus the low of 2018 ($3128

18 thg 12, 2020

Ghi chú

16,763+19,891 = 36654

18 thg 12, 2020

Ghi chú

google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1E10KC

3 thg 1, 2021

Ghi chú

Bitcoin made a high of $33300 this am
Which gave it a exact valuation of $618 billion 61.8% of a trillion
also is 1/3 of 100k and 1/3 of 30k to 40k
Then less then 90 minutes later bitcoin fell to $30180 a 10% retrace.
Falling $3120,
If you add $3120 to the high of $33300 it gets us close to may next target $36654
which would also be 2/3 of 30k to 40k