quantguy

Everything Points to a Higher Bitcoin Price

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BITSTAMP:BTCUSD   比特币
Bitcoin is holding strong in the $27K handle. It looks like it has found a double bottom at $26.2K, twice finding support here. BTC appears to be in the final stages of a dragon head pattern and is looking to break higher. All fundamental factors point to higher values: increasing adoption, big money pouring in, and even nods from regulators world wide. We can expect BTC to smash through $27.7K and then to $28.9K a Fibonacci level. After this we can plan on the $30K handle which may happen this year, or early 2021.

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