After a few months of uncertainty (sideways movement) BTC
finally breaks upwards, possibly beginning to end the bearish
cycle initiated since its ATH
(All Time High) in December 2017. Actually the general bearish
tendency since Dec-17 isn't "over" until we get past 20K USD per 1 BTC
... but it very well could be we're going to do just that.
Nonetheless, my conclusion is, if this breaking confirms, by breaking 11K onwards and closing above 11K by the end of the week (first days of August), we're at least going to see 14-15K USD per BTC
, and further on, if this level breaks, we're headed towards 20K USD per BTC
Let me know what you think.