Teklologist
Long

BTCUSD status and target: EW and FIB

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Based on chart, safe to target $6-6.1k
Comment: Possible ascending channel. Blue line is a possible upwards trend line out of channel. No worries if trend line fails, only were channel to sufficiently fail.
Comment: Let's see where this takes us. Updated idea below.
Comment:
Comment: I still suspect btc to get one last run towards $6000 before retracement. And when that retrace happens I suspect alts will pump.
Comment: Whoop! Looks like disbelief might be upon us. If so, then I called the top at $6k in original idea chart.
Comment: Dunno why I never linked to this idea here.
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