16K still in sight for $BTC

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
With the ADX looking promising for another trend line break to the upside, the target for the near-term trend line break matches up with the target I had way back when at the long-term trend line break .

If momentum keeps on this week a nice break here would bring the 16K target back into view (which for me has never left) with another validated pattern move.

Happy Trading!



Nicely Fibonacci placement !
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