#Bitcoin's velvet return - where the 1K+ adrenalin spikes ?

Long

Bitcoin (BITFINEX:BTCUSD)

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BITFINEX:BTCUSD Bitcoin

trendanalysis chartpattern indicator btcusd btc_usd btcusdprice bitcoin bitcointrading crypto cryptocurrencies

#Bitcoin looking sweet. Have switched chart to log to please some peeps.

Commento:

I've updated and amended the coloured verticals along the MACD which will appear in my next posting. The idea is that for a green candlestick it's a red vertical if the bar goes lower. For a red candlestick its a green vertical if the bar goes higher.

Commento:

Wow. Bitcoin hanging around $8,894 an earlier in the year 50% Fib point. Wonder what it means. I've been experimenting with Fib cycles daily chart, and predict Bitcoin close above $10,320 by end Friday 27th April. Haven't back-tested idea, but if it works I'll publish it.

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