Bitcoin going to $20k?
This is one pretty bullish looking chart
When I look at this chart I can't help but be bullish.
The measured move says it would go up over $20k on the next surge:
(Source: https://twitter.com/PeterLBrandt/status/1223286801198133248)
The measured move is obtained by simply taking the length of the move up and adding it to the next leg up.
The first move took prices to that $14k number.
So, add that $11k move to our $9k number and you get a price of right around $20k, which is also the old high.
Makes sense to me!
