Bitcoin was in a long forming wedge pattern and has now broken out of it.
I have two key targets: - The 0.618 Fib at 71.30 - The measured move (conservative measurement) at roughly 72.4.
At the moment BTC is likely to cool off before its next leg up, so BTC.D will explode with it. I wouldn't be surprised to see around 73.5 be reached.
The Monthly is going strong in its parallel channel. - Recent bullish cross on 10MA and 21EMA -> signalling continued bullishness. - Bouncing off the heart-line of the channel.
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