ATH for BITCOIN

By IceTReloaded | Crypto Evolution | 17 Dec 2020


New ALL TIME HIGH for BITCOIN, now what?

 

Week vision

Bitcoin weekly

In a week vision, we can see a long time red channel, looking at it, we can say that Bitcoin has a long way to go before arriving the top of the channel. In numbers, if we arrive to the top this week, the price would be USD 164500

 

Day vision

Bitcoin day vision

In a day vision, we can see different channels.
The first one, formed by the bottom black line and the dotted line. When this channel was broken up, the objective was a channel splitting that originated the second channel, the one formed by the dotted line and the top black line. Yesterday (December 16) the second channel was broken as well, if this is confirmed in a new channel splitting, we are in our way to USD 35000.
But there is third channel, the red one, and in this one, the price hit the top. Let's take a closer look in a 4 hours vision.

 

4 hours visionBitcoin 4 hour vision

In a 4 hours vision, we can clearly see the red channel. The price hited the top of the channel. So, what now BITCOIN? A rest? O keep breaking the channels up? (I think it deserves a rest, at least for short term). 

What do you think?

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