Bitcoin breaks above $16,000 for the first time since January 2018

[NewsFeeder]

Bitcoin breaks above $16,000 for the first time since January 2018

The reason for the move wasn't immediately clear, but it comes as a number of companies appear to be warming to crypto.

More @ CNBC...

 

[bmneveu]

There are two massive chart patterns pointing up on this. Cup and Handle, and Reverse Head and Shoulders. Both indicate much higher prices from here.

 

[bmneveu]

There are two massive chart patterns pointing up on this. Cup and Handle, and Reverse Head and Shoulders. Both indicate much higher prices from here.

I made this video last night talking about the patterns. We were at $15.5K then, and today we are at $16.1K already. So, moving quick and hard to keep up but the points I make are all still relevant. Well, in my opinion, lol.