Analyst Calls Sunday’s Jump, Expects Bitcoin to Hit $20,000 by March; Here’s Why

Some four days ago, a Bitcoin analyst going by “Velvet” posted the chart below. In it is depicted BTC’s price action for the past 18 months, a Fibonacci Retracement of the $3,150 to $13,800 move, two trendlines, a moving average, and a vertical date marker for December the 22nd.$BTC #BTC #BTCUSDPresented with no comment: pic.twitter.com/hRrDaqM2IQ
— 𝓥𝓮𝓵𝓿𝓮𝓽 丝绒 (@888Velvet) December 19, 2019Velvet presented the c