This is my first post: After Hitting a Low at around 7310 on GDAX an impulse wave increased the price to 8300. Since then the price slightly retraced and went up again to 8400 approximately. It looks as though the range of the price will remain within the 8000 - 8400 price range, but there is the possibility it can continue upward to around 8600. Bitcoin has the tendency to stay in a price region unless major changes can occur, but those occur at larger time frames. For the short term I believe btc will continue to be bound to the low to mid 8k prices. Will update as new data is charted.