Looks like bitcoin is following the same pattern as it's prior move up (Blue Arrows). If so, watch out for a correction down to the 50 EMA (Green Arrow) followed by a hard bounce up to the MOON!
Short now until the 50 EMA, then it's time to load up and rocket to the next galaxy!
This is just the start of the bubble phase!
Notice how last year December has a similar pattern to gold right now. There was an initial spike up breaking the 10 EMA. Then for the next week or so, it was battling to stay up above it and constantly testing the 10 EMA. Eventually, gold re-traced back down to its low.
Today's gold movement appears similar. Watch out for the constant retests of the 10 EMA, if...