So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.
I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.
If we are going to see 150k as our top of the year then it's quite early to have another pump because from what I can see with our current 120k bitcoin could do tremendously and 150k will look too small to be achieved however, if 200k is the new target for the year then we hope another pump next Tuesday, maybe we can balance back to 120k from now till Tuesday.