'Sup homies?
What a bloody awesome time to be in crypto eh? Was only a few weeks ago Bitcoin crossed 10K and the next big figure is only a hop, skip and a jump away. I'm seeing 20K next couple days - easy done.
The only bad thing about this ... is there is pretty much nothing to chart. Thing has essentially gone parabolic. I'll throw a fib in for good measure:
Initial resistance is yesterday's all time high at 17450, with a break above there targeting 20K. Initial support is 16600 (previous record close), followed by former daily high resistance at 15750.
Lots of us were worried we'd get a classic "buy the rumour, sell the news" reaction to the futures launch, but haven't seen anything of the sort. Could still happen, so be wary, but 20K is looking like a given right now.