likwit

Bitcoin possibly 100k

Long
likwit Updated   
BITSTAMP:BTCUSD   Bitcoin
Wait for January to close above 21615. If so take a long position in February. We might go to 100k.
Comment:
Little more describtion. The green line goes over the high from 2013 and 2017. You can see we broke out in feb 2021. In summer 2021 it tried to break down the green line again, but was rejected. In jan 2022 it tried to break the green line again, but we got another rejection. Finally on april 2022 it broke the green line and we went down hard. The low green line is the same trendline running from the march 2020 low. In november, december and janaury it did hold this level on the dot. Therefore I suspect this is a solid base for a long position. But first lets wait for this month to close above 21615.
Comment:
So it looks like we will close above the trendline. In february I suspect we test the trendline @ around 21800. From there it should go up. If not, close position and wait for it to be above the trendline again.
Comment:
So we touched the trendline and it rejected. We might push to the upside. This means we could head to 42k.
Comment:
Last week we opened above the green line, and made a test to the downside. The weekly candle however closed above the green line yesterday. This is a very bullish sign.
Comment:
We have lift off
Comment:
Just keep buying the dips along the way
Comment:
Watch the 78/79k mark. We might get a pullback at that level. Might take some profit there.
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