Some deeper price action thoughts on BTC
Feb 15, 2021This is a quick one, I'll do a separate major market regimes email. But for now I wanted to share this one with you about Bitcoin and crypto.
This past week was mostly all about Crypto in the Trading Lab, we are positioned excellently in regular markets so this provides us a lot of space to work on other things, crypto is that.
Quick TLDR;
Bitcoin is on the move, and these are the levels I'm looking at:
14,500/15,500 is imminent
37,000 is the measured move up when we break above 20k again
Then 36k, 64k and 100k
I believe that $200k and even $1M is a very distinct possibility
These are historical times we are living in, and we are experiencing the conditions that make a move like that in Bitcoin play out. I will be sharing more of my detailed thoughts in the coming weeks.
Here's my latest YouTube video about my price action analysis on Bitcoin
If you've been following my work for any time now, you know I'm pretty serious when it comes to trading. I'm willing to put myself out there, calling $200k on Twitter and YouTube.
Have a watch, share it around, comment, and let me know what you think about it
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