BITCOIN & ETHEREUM REPORT 7th February 2020

BITCOIN PRIMARY & WEEKLY CYCLES

BITCOIN is extremely bullish and I think it's heading much, much higher over the next 12 months.

Over the next 4 months, I have a target of  $18,604, which is 100% of the primary highs.

It may or may not get that high in 4 months, but it should get to at least the yearly highs $13,402

If it does reach $18,604 the next 4 months, It's an ideal exit zone and look for a retracement level to get back into BITCOIN and ride it up into higher highs in 2021.



ETHEREUM Primary & Weekly Cycles

Ethereum provided the perfect set-up to get back into it, with support at $157 (read 24th January report), as well as a number of other Altcoins exhibiting the same price action.

100% Target is $458

However, there might be resistance around $260 during February and then a push higher in March.

Happy days ahead!