I still believe we are on track to see our 6.9k double bottom on the 1D chart for BTC. I'm thinking we will see 6.9k by Wednesday or Thursday this week depending on the trend. After the double bottom is confirmed, we will begin to trend upward.
I believe we will test the 6.9 trend line completing the right inverted shoulder, which will also fulfill the double bottom. We will rebound after testing 6.9 successfully sending us to a cup completion at around the ~12k range.
I believe we are nearing the bottom of a larger Bitcoin cup. This week we will see either the ~6900 or ~5500 resistance point broken which will be the absolute bottom to which we will then follow a rise over the course of a couple of months. I believe we will end up at around ~12000.
