is this the s-curve take off?
a) 6800$ (bearish)!
b) 7400$ (conservative)!
c) 8100$ (bullish)!
pick one!
I consider only C to be correct. The other two assertions are not correct.
We have the next likely resistance points in the $6800 to $7800 range, so if we go to $8100 that woudl be bullish and would have likely broken through the likely resistance range.
Conservative would be prices going in the lower end of the range or not quite making the range.
It is difficult to imagine exactly what is bearish - since we are already into amazing price territories - but I would think that bearish would be to experience another correction here that goes beyond 60%.
Since we have quite a bit of ongoing upwards price pressures and recently having had broken through $6k, it seems to me to be quite against the odds to even have a 10% price correction - without some major FUDding. Also, even though I believe that BTG is not driving this run, except perhaps on the margins, any 10% or more correction would be more likely to occur after the Oct. 25 forkening, no?