Bitcoin is in a txtbook parabolic trend.The txtbook states target is double step 3, which was around 45000 dollars ,target therefore 90,000 dollars. Step 4 is being formed as of now.May wash out weak hands down to 58,000,and the parabolic trend is still intact,after target is hit I am predicting 40 percent correction to washout the latecomers this will provide liquidity for whales institutions etc,before phase two of this bull market resumes.This I feel is one likely scenario.I really do believe this tech will be great for the human race in general.
