GrantPeace

BITCOIN EXPLOSION

Long
GrantPeace Updated   
BITFINEX:BTCUSD   Bitcoin
Monte-Carlo simulations show the current fair value to sit well over $9000 and most technical indicators are showing that a move to this level should occur any second.

The RSI on Bitcoin has been under performing against the RSI of the Crypto-Index and has just started to show some positive change in direction.

At this moment, the fast period on the intelligent moving average is crossing up the slow period indicating a safe moment to enter a trade.

Most of my indicators at the moment show a strong divergence and it is likely that we will see extreme bullish momentum between now and December 12.

Comment:
Chaching.

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