Bitcoin Update (Reversals on the 5th-TM)

It appears that people heeded my advice and bought the 5th... However with the lack of capitulation it's hard to tell where we're going.

I definitely see a small-medium size dip here near term before we start heading towards that downward resistance line.

I could see us blasting through it all the way towards 12k...
I could see us working hard to push through to 10K...
I could also see us floundering sideways for the next month before someone decides to do something and move the price.

Just my thoughts, try to Keep It Simple, Stupid : )