This is how I think we're going to hit that 3k mark before we finally get to a bull run.
We're currently developing a longer term falling wedge that is neatly going to meet the 3k support resistance that played out from June to September last year and I believe this is where the bulls will finally take over from the bears and BTC will start running up.
On long term low upward trend line and bouncing off
200MA under 314 MA on 5, 15 and 30-minute charts
MACD, Stoch and RSI all bottomed out showing VEN is heavily oversold and indication of bullish movement to follow
MACD W shape showing strong indication of bullish movement to follow
Elliot Wave 1,2,3,4,5 and A,B,C reversal cycle complete
Fib from low of 16k...
My take on the future of BTC this year.
BTC has crossed below the 100 MA support line and it's been a VERY long time since this has happened so it should only dip a little more before breaking upwards.
