Especially with the current Segwit2X topic going on, I would keep an eye on this... things are going to get bloody.
I wanted to share this idea as a follow-up from my last BTC prediction (linked down below), which overlayed price levels from May to June and played out nicely.
Do you see it possibly coming down and more or less resuming the pattern if it fails to breach 5k? Really curious as to what's causing this push, whether people think that the correction is completely over and we're heading to new highs... or is it primarily fueled by prospects of free Bitcoin Gold?
I drew this on the 4h-chart and I think we are due for a correction. But as I said, I wouldn't bet against the bull market. :-)