EBITDAtiger

BTC could be headed to $55,000 level at the .236 fib

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BITSTAMP:BTCUSD   Bitcoin
Interesting looking chart for BTCUSD

On the 4 hour chart the 50 & 100 day moving averages crossed up through the 200 day moving average. I guess you could call this a double golden cross.
If BTC follows along what seems to be a trend that is not yet exhausted based on RSI and MACD, it could hit the .236 fib Retracement level or roughly $55,000

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