A pair of crypto analysts are feeling bullish on two of the leading cryptocurrencies.
Crypto Michaël tells his 43,000 followers on Twitter that several key Bitcoin metrics are looking solid after Friday’s big rally.
Michaël says BTC’s current price action is comparable to 2016 and his new target for the leading cryptocurrency is $17,000 to $20,000.
“100-Week MA test completed and held, similar to beginning 2016.
Back above 200-Day MA & EMA, important indicators. Holding trendline as well.
2016 period and now are still comparable in which targeting $17,000-20,000 prior to halving is realistic.” Read More...