Very simply , Bitcoin looks poised for more upside to 14k per this Gann Fan . We would wick to the top of this light purple Gann band right under that red arrow . That would bring us to 14k . You'll notice the red dotted line and pointing finger to the right , that was the .618 fib near 12400 , but we already hit that. It looks like 14 would be hit in the next month or so ... but of course we can't predict it. Watch this space !
Comment:
Bitcoin dumped the other day to 99xx area - I still believe this Gann Fan is in play , as long as we don't dropout of this purple band we are in it's fine . Remember this Gann Fan is technically angled downward but our trend is still bullish . It's possible we even see 92xx or 88xx by Halloween but we should still see 14k this year .