Interesting buy idea

Funny, I haven't looked at Bitcoin in months. Wait - i am not off my rocker. I'm just doing usual scans near the close for anything that has changed pivot status. I don't even look at the currencies every day, let alone BTCUSD. But check this out: 

Above YP which has clearly held as support several times
Recently above 2HP
Recently cleared Q1P on 2/14, along with FebP
Just held FebP as support for 2 days!

So, recent pivot status change to above all pivots! There is not many vehicles that qualify for this designation. Hold above the FebP and Q1P, cut on daily close below. 

To put the recent move in a longer context, look at the weekly chart. The times where BTCUSD has rallied above both the HP and YP have led to spectacular rallies in 2013. In 2014 and 2015 BTCUSD was below the YP, but in 2016 the YP has held and another launch could be underway. If not, it won't cost too much to find out.