DarkPenciI

BTC Finally hit bottom?

Long
BITSTAMP:BTCUSD   Bitcoin
I would like to think we hit bottom and ready for a 200% run in the next month or so. Why? Bullish divergences on MACD and RSI, as well as low volume. There still needs to be some positivity to start a frenzy of buying, but if my thoughts are right, a bullish news will be released within a week or so to start it. I believe, ETH will head the charge and reach my target of about $1200 which would be almost 300% from here, but if ETH/BTC moves around 40% or so, that should coincide with my BTC target of 11~12k. Following the run, of course there will be a correction. This will be the true test of how bullish we are, and if the news that are to be released is as bullish as I hope we probably won't correct too deep and stay above 8k.

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