Higher on the day after Citibank technical view
The price of Bitcoin (on Coinbase inclusive of weekends) is trading up over $800 and to to the highest level since January 7th when the price extended up to $17174. The price today has a low of $15796.09 and a high at $16,777.00 on December 17, 2017. .
Over the weekend, a report from Citibank's Thomas Fitzpatrick drew on similarities of the 1970's gold market and in doing so, projected the possibility of bitcoin reaching $318,000 by December 2021. The all time high on Bitcoin reached $19891.99.
For me, get above the January 2018 high at $17174 and then the December 2017 high at $19891.99 and we can then talk about $20K. $318,000? That is not even on the radar.
