JTheretohelp1

$BTC The Big Picture, case for $75K high

BITSTAMP:BTCUSD   Bitcoin
The chart attached is a very detailed version of two fib structures, their corresponding crash lows before new all time highs, and the suggested move based on the Full Fib Extension of $BTC from 2017 Bull top to Bear bottom. It is my belief that we have a bottom in place, and that the 4.236 Fib remains a magnet for price. The BIGGER takeaway is that $BTC is running up into a weekly ascending wedge. This is a bearish pattern. Ironically enough the termination of the pattern comes in line with the end of the year and at the Full Fib Extension.

JT
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