Analysis & Predicting Bitcoin

Bitcoin continues to reach the best level in November since January 2018 and is trading now above $18,500.

Our Vision agrees with other Analysts that there is a possibility of a broad rally ahead in the Bitcoin price predictions for the end of 2020.

The question here is will Bitcoin reach $20k again or not?

To get the answer here are the chart tell us below:

As Shown

There’s a Support & Resistance

Support: $14344 - $12891 - $9824

Resistance: our target is $20K

As we see, BTC is now trading above $18500, which tends to hit $20000 sooner in a few day’s, but you have to know that there’s a gap between the price now & the last Support point which at $14344 as we know this trend should make another support point will be at $17200 to exceed $20000 & back again to new support point at $19800 then will booooom to a new high amazing record.

Remember that without the new support point, it will be back to the old one $14344 (maybe lower).

Wish You all The Best!

  Important

We need to inform you that the result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future