Long

Bitcoin just broke through the last line of resistance…

Updated

This is not a drill. We just broke through resistance dating back to November 2015, 4 touches before this. Forget about your silly alts, this is the real thing. Geopolitical/economic events have/will continue to fuel this. Localbitcoins will go nuts in various countries. Bitcoin is digital gold. Bitcoin is money. The self-fulfilling prophecy has been fulfilled.

And all this is happening with China (in some senses) completely out of the picture. So, what happens when China “unbans” bitcoin and we have an even healthier picture in China. This is the one you will tell your kids/grandkids about, it’s really here. This will be a wild ride.

Up we go, where she stops…nobody knows. Welcome to the digital gold rush, prices will never be this low again, and I can’t even imagine what will happen by the next halving in 2020. But I digress.

Weekly/Monthly as bullish as can be.

All systems go, prepare for liftoff.

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Trend-based fib extension says $1750 is next:

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Hidden bull or time for the pull back?

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*Starting to look like the hidden bull div will hold, bounced nicely off the 50 ma (2h):

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Was that just a bear tickle? Will the recent higher low hold?

If so then this is probably just a symmetrical triangle continuation pattern:

If not a test of the low 1400's is in order...trend is up : )

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Looking great…50 MA held on the 2h and MACD about to cross. A break of $1565-$1570 and everyone who just sold starts to panic and buy back in.

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Let your bull flags fly:

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1.618 was hit...some resistance here:

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Looking for a daily close above the 1.618 fib at $1750, this would suggest we are going to the next stop at the 2.618 fib at $2284, might happen today.

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Just adding this published chart "BTC/USD ready for the next leg up to $2283"

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Both targets mentioned initially have been reached:

When we eventually break above this level (there may be some resistance around here)...the next target is the 4.236 extension at $3153.

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Maybe another one of these? What a run that was, could use some consolidation for a week or two or three.

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Looks like China is beginning to join the party again:

twitter.com/cnledger/status/869934911179735040

twitter.com/btc_joe/status/869944812597895168

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Triangle complete? Next leg up?

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Such moon much wow.

Just adding this published chart "Bitcoin next stop $3160":

Bitcoin next stop $3160 and good channel to keep an eye on

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Just adding this published chart:

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Looks like we are gearing up for the next leg up once segwit officially activates:

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Just adding these two recently published charts here:

ltc-joe

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