I think BTC is going to the moon because we only have 4 million more coins to be mined, the lightning network is about to complete tests in testnet, and will be going main net soon :D wallets are testing well. Well, that is some network meta info.
What do you think of this chart analysis?
I chose Bitstamp because they have a longer price history with BTC than Coinbase.
I am trying to look at long term trends, supports, channels, and fibonacci retracements.
Some people say we may come down to 4K, but I don't think so. That seems like a super conservative estimate.
I think we will stay in the upward trend channel. I suppose we shall see soon.