Look at the chart on the 4 hour time frame. You'll notice we have a consolidation phase occurring which should indicate a price bump to the upside. If this does play out, I expect the price to jump between $6950 and $7000 before hitting the trend line
of resistance. From there I believe the price will drop
through the $6800 support level
. I will update with targets as this plays out. I'm expecting prices of $3200-$3800 by June. I see a lowest price potential of sub $2000 but doubt anyone would watch the price drop
that low without purchasing as much as possible forcing the price to jump back to 3k range.