Bitcoin surged last night above 11800 and right now is 11950 - just under 12k . Surely 12200 will come soon. But more importantly we are now inside the 'blue' band of that pink and blue regression band . We had been in the lower pink part of that band for awhile but last night we broke up into the blue part of this 'regession channel '. That's bullish imo . That should mean we head up to the top of the blue area of the band . That should bring us to 13300 area and possibly higher ! I myself called for 14 k Btc by Halloween , see my idea linked below . Also the 13350 area is a .618 fib on the chart ( running your fibs from 2019 low of 3150 up to 20k . ) That's an important fib and almost certainly we are going there now . That red star on my chart should be the next level up we hit .
Patience definitely brings good things to those who can wait !
Patience definitely brings good things to those who can wait !
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12800 hit this morning ! We hit the top of the regression channel ! Will we wick above now ? Or consolidate a bit first ? I'm expecting at least 13300 .
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Looking good ! Over 13100 now . I'm expecting 14k by Halloween or very shortly afterward .
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Hit our target of 13300 !!! Great news . This was near the .618 fib so was definitely expected . Let's see if we can approach 14k next . Bitcoin looking to make a higher high here ( from last years high ) ??? Looks that way .
