The 7562 target I first aired here on November 5 for the NYSE’s bitcoin product (ticker symbol: NYXBT) came within $40 of nailing the top of the recent blow-off. The rally subsequently gave way to a spectacular, $1000 plunge from which the cryptocurrency has yet to fully recover.  Although the forecast was not quite a bullseye, I expect my accuracy to improve significantly when the CME’s Bitcoin futures contract begins to trade later this year.  For now, let me offer the 8338 target shown for NYXBT. It is by no means a lock-up at this point, and it could change if NYXBT were to dip beneath the 6573 point ‘C’ low of the pattern shown. If not and it simply heads higher, a quick move past 7014 (i.e., the green line) would put D=8338 in  play.  That number, a Hidden Pivot resistance, would become an odds-on bet to be achieved if buyers blow past p=7455 with ease. If you trade this product or are fascinated by Bitcoin’s nutty price swings, stay tuned to Rick’s Picks in real time for sane and precise intraday guidance, since it may be possible to generate a relatively low-risk entry signal using the Hidden Pivot ‘camouflage’ technique or a ‘mechanical’ entry set-up.  If you don’t subscribe but want to join in the fun, click here for a two-week free trial to Rick’s Picks, including access to a 24/7 chat room that draws great traders from around the world.