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Next leg is $8K
it will only go up from here.
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If you have ever taken a look at a price chart of Bitcoin, you should
know that the price isn´t following a constant line to the moon.
I´d argue that we haven´t seen the capitulation yet that is
necessary before we can embark on another bull run. The last few weeks
could have just been a bounce before the price goes down to even lower levels
(this could be triggered by a burst of the altcoin/ICO bubble).
this is what i am also afraid of a little.
there is a lot of shit going down in the altcoin market and with all these ICOs making a run for it and all the rest of the bubbles also bursting we are looking at a wild market for as long as the dumpings are not finished.