Technical Analysis:

• All Bitcoin Targets from previous analysis have been hit LINK
• Target 5 between $9500-$9700 is still in play
• An Ascending Triangle has formed which indicates a high likelihood for a break out to the upside
• RSI is still bullish and continues to trend upwards
• Still consolidating from the run up on Friday $8500-$9k
• I expect the run towards $9600 to happen this week followed by a 3 wave correction to about 9k.

 Fundamentals/Speculative Analysis:

• Over 120 BILLION DOLLARS came into the cryptocurrency market in less then 2 weeks.
• This is only the start of the BULL rally and I am speculating that the cryptocurrency market will hit 1 trillion dollars by June. This is assuming money keeps flowing in at the pace it has been for the past 3 weeks. 
  • This is my opinion, but all indicators are pointing in that direction. 
  • A one trillion dollar market cap would mean a $25,000-$30,000 Bitcoin. 
• This chart represents a short term potential pathway as to what I believe will happen over the coming days.

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LEGAL DISCLAIMER:  

I am not a financial advisor,  nor  is this intended to be    financial advise. I  encourage you to    do your own research   considering this blog is  a way for me to document my own  personal   analysis, charts, trading decisions, and   experiences.