date: 05/17/2018
At the present time, BTC is almost on the green support line which is so strong. The first scenario is that BTC finishes the falling path and begins the upward trend. In this case, we can say that the last two weeks is a correction for ascending trend that begins from 6th of April. Hence, I will become hopeful to break the 10k$ resistance and flying to the moon. In the 4hour time frame, I also see a double bottom pattern which is a reversal pattern. The second scenario is that price breaks the green line. In that case, the price can go even to 6.7K$. What will happen? It depends on the market situation, however, in both cases, I predict that 27k$-30K$ will happen in 2018. Why? Because the blockchain is the future technology and sooner or later, all people and governments will use this technology on a large scale.
Good luck.
follow our telegram channel:
https://t.me/trustchain_trade
chart: https://www.tradingview.com/chart/BTCUSD/rJSXPIta-BTC-USD-possible-scenarios/
