Predicting Bitcoin’s (BTC) Future Price

Utilizing Gann’s Square of 9 or Wheel of 24 can be useful in identifying key price and time dates in the future. Bitcoin (BTC) rapidly drops below $7000, but how far will it go? Bitcoin has experienced a sizeable drop during Monday’s New York trading session, dropping -4.18% from $7099.71 to $6803.24. The question everyone will be asking is: how low can or will it go? I wrote an article last night predicting the time frame of when Bitcoin may experience a reversal in the overall trend (December 26th, 2019). These predictions were based on a series of astronomical cycles and Gann cycles that all converge within a short period of time. We are currently trading inside the beginnings of some of those cycles. While December 26th appears to be a major convergence point in Gann Analysis, there we should identify some key price levels as well. Gann’s Square of 9 tool helps identify…