Looking at monthly candles on log scale, breaking all time high suggests we are poised for a rocket up to 2000 USD or even more. The 100's will peel away once we establish the red dotted line as new support. I believe we are setup for this technically and the ETF hasn't fully been factored in. Wouldn't be surprised to see some drops first, but I'm certainly not...
Bitcoin is looking like a mirror image of itself and soon it will reflect prices from mid-2014 :)
Following on from last projection a big move certainly happened and we are firing on all 8 now. Big resistance has just broken and with a halving and Moonvember just around the corner it's looking ALL good. Fuck stop losses, buy up large, trade long and watch monthly candles. Keep 30% for trading smaller time frames and maximizing that BTC stack.
Have taken a long position, but am more or less neutral at this point. Chart is pretty self explanatory. Ideas/criticism are welcome please comment.