I think Bitcoin will go up to as much as 8000 before bouncing downwards again. It is currently in the 7600's. So in the near term, there isn't much more bullish activity left to go. The main reason I say this is because it is retracing back up to the major trend line I had shown before, which has now become resistance. I consider this a reliable type of trade and I don't care what any other indicators say or what news is coming out because the chart and lines always seem to say the truth. I do think long term that Bitcoin has much more bullish activity in it's future, but for the near term I think Bitcoin will go up to around 8000 at most and then reverse downwards. The bearish activity will be short lived though. I am not expecting the downward move to stay below 6000. If it does, it won't last and that level will hold.