OK, hello everyone! Before I start today's analysis I apologize for my previous price prediction did not accurate. I thought the price point was about $7,500, but it looks like it will be finished around $7,900. Maybe there will be another price drop after this time, but it will not go under $7,700. It's good to invest at between $7900 and $7800(or just right now. LOL).
Anyway, I was quite surprised at this weak correction, because it mean that the commitment to price increases is great.
[used DATA : BTC/USD (4hours), RSI(4hours)]
The analysis with in this situation is very simple, because the price move will follow the elliott impulse wave we known as well. Price movements are likely to rise incredibly steeply, and people who have not invested in or are not interested in bitcoin will be buying at a very high price in the future. First target price is $9100 (Delays can occur at this point).
Good luck! See you tomorrow.