I'm thinking that there is a pretty good chance that BTC is going to change directions pretty soon and head back down to the $4500-5000 range over the next couple weeks.
Comment:
Looks like we have a change in direction from the target range as predicted. Time will tell if the next target comes true.
Comment:
Seems to be progressing along nicely. It's looking possible that we may only correct to the $5500-6000 range at this time but we'll have to keep a close eye on it as it approaches. We should get a nice bounce back up but a dip below $6k will bring the possibility of even lower lows in the not too distant future.