BITCOIN BTCUSD: Update Although it's just hit the next upside target at 1947, exceeding it with an intra-day high at 1955, there is still more to come. Price action over the last week (which we were a part of on the short side at the time, see comments) has shown that Bears don't really stand a chance here. We really had a go last week - and all we succeeded in doing was to knock it back to 1615 target...the old high! A sign of a very strong stock. Case closed. No more bear attacks until 2137-2140 upside target is met now. Bulls are pushing on an open door. There are no more bears out there...for now - they're all licking their wounds and won't be out again anytime soon. Look to pick up more longs or re-enter the market as per comment. One of two entry points: The second may not get hit though, so watch how it behaves as it hits the parallel...