Dont be late to the party bitcoin rose 170% the last time this signal flashed – MarketWatch

Bitcoin $26,000?

If history repeats itself (spoiler: it usually doesnt), bitcoin could see a huge run in the next two months, according to Cointelegraph analyst Keith Wareing.

Why? Look to the cross... the golden cross.

Yes, bitcoins BTCUSD, -1.04% ascending 50-day moving average recently crossed over its 200-day moving average, a rare occurrence that had other popular crypto pundits chiming in on Twitter TWTR, +1.87% :

As Wareing pointed out, the last time bitcoin saw this kind of bullish action, the price shot up 170% in less than two months.

Meanwhile, optimism continues to bubble over among crypto bulls, like Max Keiser, who just raised his target from $100,000 to $400,000.

I first made this prediction when it was $1, I said this could go to $100,000, he said Monday on InfoWars. Im raising my official target for the first time in eight years, Im raising it to $400,000.

At last check, bitcoin was trading at $10,143.

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Dont be late to the party bitcoin rose 170% the last time this signal flashed - MarketWatch