I wouldn’t touch this little hoax until it comes down to the 113,924 Hidden Pivot target shown. Bitcoin would be a spec buy there, tightly stopped, although I’ve masked the predictive pattern’s coordinates for reasons of confidentiality. Earlier, I’d expected a tantalizing low of 105,762 to materialize, but we’ve seen no such weakness. Does this portend an even higher top, as Bitcoin ascends to water-show heights for a 150-foot dive into a wet sponge? Perhaps. There is a good case for a bull-market high at 134,728, but you’d be foolish to hold out for more, no matter how strong the exhortations from pubescent experts who see the King of Cryptos rising into the zillions.
$BTCUSD – Bitcoin (Last: 117,869)
