wave 4 complete. Wave 5 target $8150 to $8350 possibly higher with volume MAJOR CONFLUENCE 1 day EMA strong resist/ support trend line wave 3 & 4 fib extension ascending trend line from AUGUST 2015
Bitcoin will likely head back toward 5k after the recent rejection at 7k. If we close on the weekly below 5300 chances are BTC will fall below 4k and hit the previous lows around 3500.