Republishing a chart from 2 months ago with a few updates.
( https://www.tradingview.com/chart/BTCUSD/7WtEg0RQ-A-wish-upon-a-star/ )
Note the 1w SMA is our keeper at the moment, a confirmed break will signify reversal.
Bullish pennant with a rebounding 1month sRSI.
I think we are primed and ready for a very bullish breakout within the year.
Any substantial news will tip the scale for the bulls (WinkETF, Amazon/Google/Paypal integration, Fiat/Debt crisis, etc...)
Noticed a similarity in the stochastic RSI here.
The ichi cloud is still bullish as well.
I believe we had an extended correction and recovery phase due to the immense amount of bad press Bitcoin received in early 2014. This bad press is fading and discussion about Bitcoins useful functionality re-emerge. People ...