the chart says it all. the simpler a chart is, the more confidence i have in it.
long term trendline is strong (<2015). i consider $11k by 8/30 quite realistic/probable. there are certainly more bullish scenarios (i won't get into those because the crypto space already has enough of that to make you sick).
the more bearish scenario would stick along the trendline and put price around $7k by 8/30.
Note
still trying to get on top of that long term trendline. understandably a lot of resistance there.
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