21599 USD
Just guessing wildly, because TA obviously doesn't work on bitcoin.
Technical analysis doesnt work for anything in an absolute certain way, its just a way of calculating likely probability. Its very prone to criticism for being undefined in any resolution but I think its generally helpful in conjunction with multiple other views including obviously fundamentals, news, market liquidity, macroeconomic balance, etc.
Stuff like will the FED cut rates, operate monetary easing programs for the rest of the year is pretty relevant and nobody knows that answer via any means for sure, I bet the FED doesnt even; plus deflationary events like the middle east upset, etc
Dec 31st is cloudy because its the holiday season but then BTC is global and many dont celebrate xmas or even the new year at that point. I hope I come to a positive estimate from here rather then negative but I'm going to take the full week to consider the medium to long term view on this one and hopefully I get a good guess in before the deadline next week.
