BTC - 200 Daily EMA Target $8,200

Quick look at BTC through a Bullish lens.

- 200 EMA and the Bitcoin Logarithmic Growth Curve are now in target.
- End of (rising) wedge
- Fear leaving the markets as more data is available on C19
- RSI has room to reach target of $8,200 - a few calls for 10k in one day would be dramatic
- If held it would mean a breakout of this localised downtrend

There are a lot of negative signals for me - I still have to note the rising wedge + the logic of a Hyperwave should relate to both up and downtrends + BTC has failed to break the 0.5 for the last 3 years.

However, we may just look back in a few years at 100k and remember this strange time when we blipped down below the growth curve and laugh about it ;)

BTC currently shaping up for a push up on the 5 min chart - Let's see what the employment figures look like.


Best, Hard Forky



(Green line is log, blue non-log)