lucamodena

Bitcoin! Is the king back?

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BITSTAMP:BTCUSD   比特幣
This is an extremely exciting moment. It looks like Bitcoin is negating all the bearish momentum and like Phoenix is rising from the ashes.

Support trendline is holding. We are breaking out from the falling wedge (still to be confirmed so fingers crossed!). ABC correction wave may be already completed. Ichimoku cloud still bullish .

Guys if Bitcoin will hold the 34k price level till the end of the day... then I will be pleased to announce that in my humble opinion the correction is over.
If this is to materialize, I expect the bull run to resume. Next target 60k until the end of March.

Vive la révolution!

GL&HF ;)

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