Bitcoin on the way to ‘bearadise?’ $20K is back as a BTC price target

Source: TradingViewAnalysis: Bitcoin might see new “generational buying chance”Data from Cointelegraph Markets Pro and TradingView showed a spooky calm covering BTC/USD over the weekend, with the market down 11% in seven days.Rattled market observers stayed highly mindful, and looking ahead, Keith Alan, co-founder of keeping track of resource Material Indicators, saw just modest room for enhancement.”I think $25k will ultimately breakdown and clear a path to retest support at the 2017 Bull Market Top which was just under $20k, however I do not think we go there in a straight line,” he concluded in X analysis on Aug. 19. “First would be $24,749 (@coinbase) and the next is $19,567 which is not so coincidentally situated simply below a key R/S flip zone at the 2017 Bull Market Top.

Source: TradingViewAnalysis: Bitcoin may see new “generational buying opportunity”Data from Cointelegraph Markets Pro and TradingView revealed a spooky calm covering BTC/USD over the weekend, with the market down 11% in seven days.Rattled market observers stayed extremely cautious, and looking ahead, Keith Alan, co-founder of keeping an eye on resource Material Indicators, saw only modest room for improvement.”I believe $25k will ultimately breakdown and clear a path to retest support at the 2017 Bull Market Top which was just under $20k, but I dont believe we go there in a straight line,” he concluded in X analysis on Aug. 19. “First would be $24,749 (@coinbase) and the next is $19,567 which is not so coincidentally situated simply listed below a crucial R/S flip zone at the 2017 Bull Market Top. Source: Keith Alan/XOthers shared the consensus that $20,000 would be back on the radar ought to $25,000 fail to act as support.