BTC Long to hit $12,000 next week then retreace to $11300-11,700

Even though BTC has faced its fair share of big hopes and fallen dreams. The architecture is in place to support cryptocurrency, regulation, trading, and ICOs. This is healthy for the BTC in general. Actions in Asia have softened and been regulated. Gibraltar has recently been known as an ICO regulator capital. Protecting the rights of the investors and contributors. There will be forks to come I presume as this currently adds health to BTCs shelf life. Although BTC is the dominant king, altcoins will play an important role in developing the capitalization values of the crypto markets. But BTC will remain king. I see it hitting $12,000 by next week easily, then retracing to $11.5k to 11.3k