TA KISS, $4020 target for April 1, 2020.
Why?
Price will hit the "God Line" the dark blue ascending trendline which extends from a low of $100 after BTC's first 1k appearence, then goes to this year's recent lows. Heard a fella on Money Show be bullish about $4300 holding. I'm calling $4020 for funsies but it could go lower into the $3000s near the Daily's 200MA lower Bollinger Band current area.
What's with the descending lines?
Yeah right. Lots of 'em. The dark blue descending I have meeting the God Line April 1st is from the All Time High to this month's low. This line is not necessarily a support or a resistance, but more of a magnet of direction like a moving average.
Do I have any idea what I'm talking about?
Of course not. I'm a bum. Good luck out there kids!
BTC Macro Projection: Range from 3k-6k for a few years til Parity with Gold. Maybe i dunno we'll see.
Why?
Price will hit the "God Line" the dark blue ascending trendline which extends from a low of $100 after BTC's first 1k appearence, then goes to this year's recent lows. Heard a fella on Money Show be bullish about $4300 holding. I'm calling $4020 for funsies but it could go lower into the $3000s near the Daily's 200MA lower Bollinger Band current area.
What's with the descending lines?
Yeah right. Lots of 'em. The dark blue descending I have meeting the God Line April 1st is from the All Time High to this month's low. This line is not necessarily a support or a resistance, but more of a magnet of direction like a moving average.
Do I have any idea what I'm talking about?
Of course not. I'm a bum. Good luck out there kids!
BTC Macro Projection: Range from 3k-6k for a few years til Parity with Gold. Maybe i dunno we'll see.
