
SUMMARY
Bitcoin has hit a new ALL TIME HIGH at around $6,005. The near term target is $6,200 which is the 1.618 Fibonacci distance.
It would be ideal if time was given for the Altcons to go fully phasic with Bitcoin. If the Bitcoin target is around $7,000 to $9,000; the altcoins would certainly get that time. The chart below shows an ending diagonal pattern for Bitcoin with roman numeral white waves (i,ii,iii,iv,v) showing the projected trajectory. IF the diagonal triangle is correct, prices could still overthrow towards $7,000 before the onset of a correction. Often, these diagonal patterns end at or below its starting point.
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**