Looking at this 4hr chart it looks like Bitcoin is parabolic. The measured move of the break out of the larger bullish pennant and the more recent bull flag gives us a bullish target of almost $62,000.
Here it is on a daily chart.
My whiskers are telling me to look out for a blow off top. This could be a set up for an epic shark tooth, so be more cautious the higher we climb.
I'm holding my corns tight and howling for the moon!
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