Why $3800? The way I see it, we've now been consolidating for months beneath the highs. If we go to new ATHs after all this accumulation, it doesn't make sense for price to make such a short impulse only into the $3000s. I'm thinking $4000-6500 minimum on the next wave up.

However, I'm not sold on any price prediction right now, either. Everyone I talk to seems very bullish, and no one is taking the potential network split effect of BTC/BCC seriously. I think we could continue to see further congestion for months, or even a downtrend, as we start to approach the November hard fork threat.

There's always some FUD to ponder in Bitcoin!