August 6th Will be next Bull Peak ~ 16,000

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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In this analysis we see that since the bull trend began in earnest, BTC has been moving in mild consolidation phases followed by brief strong upwards thrusts, the length of each consolidation phase and angle and lengths of upward thrusts have been similar, like a staircase. There is every reason to believe the underlying bull fundamentals are intact for BTXC. Therefore it is possible to predict roughly the next bull thrust will bring BTC to about $16,000 and this should occur in the first week or so of August
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