Bitcoin Life Cycle -> $ 2.00 to $ 20,000; now heading to $ 200

31 Jul 2019

Hi all

Hope you don't hate me, after reading my conclusion in this post.
I would like to bring a kind CAUTION to the users across the world with my technical analysis.
I wish this wouldn't happen. But I can't deny the facts that I see in the charts.

What-If Analysis:

• What-If Bitcoin falls to $ 200 ??
  
• Do the chart tell us a complete different story that no-one cares??
  

Answer: (My Personal Forecast)

• Probably, Yes.
  
• Target Price is $ 200.
  
• Target Period is Q1 of 2021.
  
• Refer the chart that is used to predict this price action.
  

Invalidate Scenario:

• Price will break the Red Line bullish.
  

Further Confirmations:

• Price shouldn't go above 14k.
  
• Yellow line should be broken.
  
• Green Spiral will hold as SUPPORT.
  

For more updates, follow me here.
~RPS~