BTCUSD - Bitcoin - 31 Weeks to Lambo !Hello my fellow Bitcoinistas!
At the end of this past week the 20 and 40 week moving averages for Bitcoin have officially crossed over. Obviously if this holds the gap between the two averages will grow and as the weeks move on the cross will be solidly confirmed. the only way to undo it now is to have the bottom fall out for thousands of dollars and soon. I don't see that happening. You will also notice the time span from the last breakout (yellow) and the all time high at 31 weeks. If this breakout follows suit WATCH OUT! It's Lambo time!
At any rate, this is the main chart I am following for Bitcoin because I am not day trading ever little move. I am more interested in the bigger picture and the bigger picture is looking FANTASTIC! (In my opinion)
Good luck Bitcoinistas! May the odds be ever in your favor.
