RickSmash

Naked Bitcoin through April

Long
BITSTAMP:BTCUSD   Bitcoin
Strictly price action indicators.

Bitcoin is in the midst of a full on bull cycle.

Don't short BTC.

Expect a more than likely touch of the 21 EMA, and a possible touch of the 50 EMA.

Don't expect anything below $42k unless you are expecting a big correction. I don't think it needs one here.

The most bullish outlook has Bitcoin retesting that upper trend line at the 2.618 extension by early march, which would be a doubling in price in just around 3 weeks which is hard for even myself to imagine.

I am looking for almost 100k by end of April.
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