If I am reading the charts right, we may be on target to double our price point in less than 40 days.
Points for this bold (almost ludicrous) prediction include:
- Out of all bearish downtrend channels on the daily
- Inverse head-and-shoulders forming on the daily
- Key levels held during this last downturn
- Bitcoin should now be back on it's 60 day cycle pattern (first 45 UP, last 15 DOWN)