5 COINS TO MILLION: THE FINAL 5 – TEEKA TIWARI PICKS | Bitcoin Price Eyes Close Above ,0000

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Discover the ‘Final 5’ Teeka Tiwari picks of 2020 before the infamous BTC halving.

Regardless what happens next to the Bitcoin price, these cryptocurrency projects from Teeka simply cannot be ignored….

“FIVE Tiny Cryptocurrencies That Could Turn $500 Into $5 Million… Thanks To A Crypto Market Phenomenon Guaranteed To Hit In Roughly 50 Days”

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It’s 100% guaranteed to hit in roughly 50 days. And it could be bigger than any other phenomenon before.

Bitcoin (BTC) Eyes Close above $14,000, According to Textbook Technical Indicator

A textbook technical scenario brewing inside the bitcoin market could send its prices above $14,000.

Crypto analysts highlighted earlier this week the potential formation of an Inverse Head and Shoulder (IHS) pattern.

Investopedia defines it counter, which is called Head and Shoulder Pattern, as a “reliable” indicator in predicting an asset’s bullish-to-bearish trend reversals.

Therefore, its inverse version appears bearish-to-bullish to crypto traders. Bitcoin’s recent price action has led it to partially complete IHS.

It ideally resembles the establishment of three lows, with the middle-low the deepest.

So far, bitcoin has made two lows (one ‘left shoulder’ and the other ‘head’).

It is yet to complete the IHS by making the third one, as shown in the chart below, followed by a bounce towards the neckline.

That typically means that bitcoin could first crash towards the low established earlier by the Left Shoulder.

The fall could be anywhere between $7,800-8,054.

Then, the same area could serve as support to attract more buyers, leading to an upside retracement towards the IHS’s neckline of $10,190.

Bulls could push the price further above the neckline, leading to a breakout scenario.

The IHS breakouts typically lead price higher by as much as the pattern’s height.

In the current case, that height is about $400.

With that said, bitcoin’s close above the IHS neckline could have traders wait for a close above $14,000 in the medium-term.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

So I think May 2020 #bitcoin halving will produce similar results (red dots) as 2012 and 2016 halving. Why? Co-integration! ELI5: S2F and btc price stay together. Look at the white dots (1 means btc price is exactly S2F model value), btc is above and below model value EVERY YEAR. pic.twitter.com/kfrejvrRA2

— PlanB (@100trillionUSD) March 4, 2020

Cut interest rates and print money.These are the tools of central banks.And they’re going to abuse them at the exact moment we head into the Bitcoin halving.

Even Hollywood couldn’t write this script 🤯https://t.co/lZqqIFJDNu

— Pomp 🌪 (@APompliano) February 29, 2020

Bitcoin Eyes Close above $14,000, According to Textbook Technical Indicator