Well Bitcoin really blew my mind today. Wow. Last time I charted this thing it was just hitting a very nice solid looking resistance line. Then it blasted through the line like an angry mob in a California 7-11 shopping heist and mercilessly took out all the stops. Another 2000 points were added on top of the prior thousands and away he/she/it went like a gangster run wild.

I was forced to redraw my chart. This time with a very bullish bias and room for an even lengthier run of 4000 more points upside to reach the channel target overhead. I love channels as you know and this one is clear enough. I am not saying its going to the top with the same violence that has brought it this far, but it will get there one way or another. Have a look and you decide. Note it has crossed over the midpoint 50% line already so that in itself is a bull indicator.