bloodgood

BTC one last parabolic impulse to 38k levels?

Long
bloodgood Updated   
BITSTAMP:BTCUSD   Bitcoin
Hi,


we all know that Bitcoin is in parabolic curve.

And parabolic curve ends with higher impulse after touching the base line for minimum 3 times.

Currently we sit just around 30k levels and it might go sideways for a day or two, before Bitcoin

will make a last impulse run before correction. I made a model showing the potential near future movements.

Target before correction could be around 38k before end of January.

Crazy levels, but this is Bitcoin and it simply does what Bitcoin did in the past.


Have a nice weekend.
Trade active:
Off we go.

Be careful around 38k levels. Huge volatiliy expected.

BTC could spike over 40k briefly and it can go down with same speed.

Anyways, current prediction as it stands. UP. Just don't sleep on it after we cross 38k

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