We have crossed the $2,500 mark once again. I hope that this time the rally will take us beyond the $3,000 mark. Anyway, I believe that the next major resistance is going to occur at $4,900 - $5,000 levels.
I might agree but not with the next resistance at $5000 level but Im not saying it won't happen as there is chances anytime or even more than that. Im waiting for another bullish market and like to see where it will slow down after establishing again another correction price.
Is it $4,000? $5,000? or maybe $7,000 with the correction price ranging from $5,000 above? Let's see what will happen as we approach one of the big major event that will take placed less than a couple of months from now.