Bitcoin has formed a large Cup with handle. To complete the shape, it is necessary to reach a level of 464. Level 464 is equal to 50% of the height of the Cup.
BITSTAMP:BTCUSD appears to be in a long term consolidation, accumulation period for past 2 years. Based on previous models this is what I expect in the coming months, maybe sooner. During this period we will see distribution and mass scaling of BTC to buyers on the fence, target from moon phase is 3-6k but I will not be surprised if targets get blown away by mass...