Bitcoin has spent zero days trading above where it is today

Think about that for a second.

Everyone who has ever bought bitcoin is now in the green, every single person.

I posted several days back that $17.6k was the low for this pullback and bitcoin would soon go higher.

Looks like I got one right!

I added some on that $17.6k dip, but not as many as I would have liked.

Though I called it as the bottom, a small part of me still expected that CME gap down to $17k to fill.

Well, unfortunately for me, my call was right and that gap never filled.

And now we are off to the races.

(Source: https://bittrex.com/Market/Index?MarketName=USD-BTC)

Bitcoin sliced through $20k like a hot knife through butter and looks to hold those prices going forward as evidenced by the huge volume spike.

Now $20k should act as our new support level with the price not likely to dip back below it any time soon.

If you want to see more about my amazing prognosticating skills, browse these beauties:

@jondoe/btc-looking-like-a-double-bottom-at-usd17-6k-new-highs-incoming

@jondoe/calling-it-that-usd17-6k-dip-was-the-low-for-this-pullback-in-btc