Cryptocurrency analyst, Crypto Michaël tells his 43,000 followers on Twitter that several key Bitcoin (BTC) price metrics are looking solid after Friday’s big 42% rally. Michaël says the current BTC price action is comparable to 2016 and his new Bitcoin price target is $17,000 to $20,000. On Crypto Twitter he shared: “100-Week MA test completed and held, similar to beginning 2016. Back above 200-Day MA & EMA, important indicators. Holding trendline as well. 2016 period and now are still comparable in which targeting $17,000-20,000 prior to halving is realistic.”