Bitcoin macro scenario cast; 160% potential gain ($26000)

9 Feb 2020

Scenario casting on bitcoin through the Monthly/Weekly timeframes and again seeing another HUGE potential set up, again currently waiting to see if the price will form the 3rd relative high within the pattern to follow on and make the 3rd relative low giving us our funnel and confirmation of relative price zones i.e Entry, Exit and Target (The Golden Triangle). In anticipation of the Price completing the pattern i would expect the funnel to be around the gold highlighted zone and the Interims to be within the green highlighted zones projecting a target of around 26k or so with possible over performance. If the price pulls back and breaks the 6.4k region this analysis would be invalid...