I am long over the next few days as we approach the CME's Bitcoin futures expiration on the 26th (I expect it to expire on or near the yearly pivot at 11563), but am cautious after this weekend, next week into February. A push above 16k will test 20k and beyond. A push below 8.8k will test 8.2k.
The 1 year and 2 year MA are crossing over which could potentially instigate a strong push in one direction or another (I suggest lower). Meanwhile, the 182/day WMA will be meeting the 3 year MA. Bitcoin has been supported by the 50/day MA (low and high), and I think it will break in April when these events occur.
We're testing weak support at the bottom portion of the pennant. We will most likely break through in the next month or two.
2015 OUTLOOK: The SP 500 will probably have the worst year in the last 5 years... or just move sideways and do nothing.
I'd stay away from equities altogether. Cash is king next year.