Bitcoin Analysis: All-Time-Highs By 2020?

BTFD While You Can

by Augustus Lee

• Chart: 12H Bars
• Date: October 5th, 2019
• Price Open: $8,150

https://www.tradingview.com/u/AugustusLeeSecrest/

Bitcoin set to make huge gains. After the sell-off in late September, the price has held strong, finding support in the 7700 & 8500 range last seen this past summer. Volatility should slow down and price should remain in the 7500 to 9000 range for a little longer. Around late November / early December we may start to see some pressure building and eventually, the price may snap to the upside. If this happens, expect another run as we had in April through June. Bitcoin is set to make huge gains in 2020.

Go to Augustus Lee's website for further up-to-date information. If traders can make this sort of money imagine what the bitcoin miners will make in 2020? The current estimates of 60-120% return could climb to 300% or even more. For US high-income taxpayers Uncle Sam pays from 40% to 50% of your purchase price in immediate tax reductions. GO TO TAX BONANZA to learn about this exciting opportunity.

This bull-run has been trading in almost perfect waves, with our current position being at the end of a correction. Do not let these red days discourage, this is all part of a natural and healthy price cycle. BTFD! and enjoy.

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Note: Analysis is just for fun and educational purposes, it is not financial advice