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$BTC_F: Bitcoin CME futures chart is strong

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Bitcoin futures chart looks TREMENDOUSLY bullish...

I was looking at protective puts in case of a negative SEC decision causing a black swan decline but this chart makes me think it's not necessary to buy insurance here. (although payoff was like 22 to 1 for OTM puts expiring by Jan 12th)

If this signal here works, the 'Explosion Pattern' in the latest accumulation pattern suggests a 2 to 3x target range move within 13 trading sessions.

Crossing fingers, let's see if this analysis is correct, weight of evidence across the board is with the bulls here.

Cheers!

Ivan Labrie.

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