I'm amazed Bitcoin and all of its associates are still trading as high as it is. 

But I will give it credit, charting it provides breath-taking accuracy, while not all always pays respects to trends, support and resistance, Bitcoin respects the ways of support and resistance breathtakingly well. 

I haven't done a chart since March 29th on it, because frankly, I don't give a lick about cryptocurrencies, but I do get asked a lot about it, so I try to give the people what they want. Even if it does feel at time I am releasing to them Barabbas. 

This time though, I'm not going to keep my prediction the same as I have done all year.

Oh no, I am drive that dumpster fire down further on the charts with a new target of $5,000 from $5,500. 

Here are my three previous posts on Bitcoin so you can see just how spot on these predictions have been!

• Bitcoin Post #1
• Bitcoin Post #2
• Bitcoin Post #3
• Bitcoin Post #4
• Bitcoin Post #5

Here's my chart + technical analysis on Bitcoin

(Click on image to enlarge)