TomMead
Long

BTCUSD - Back to 20k by Summer?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
As predicted in my previous idea, the ABC correction bottomed out in the low 7000's and the first impulse wave of the next cycle started.
Wave 1 of this new cycle is looking strong and I can see it breaking through the log down trend before entering a retrace for wave 2. The rest is very speculative but i would not be surprised to see 20k bitcoin again by the summer.
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