Here is a big picture point and figure view of BTC over the past couple of months:
I identified congestion between 10k and 11k to do a horizontal count on but since there was a lot of divergence I think you should take the price projection with a grain of salt. A range of $3300 - $5700 was produced with this count. The vertical count I believe has produced a much more accurate projection at $5100 - $6150.
I believe BTC will move upwards and sideways from here to the trend line before coming down to test $6000 in the coming weeks. Once resistance is met and confirmed the savvy trader should consider shorting BTC as in the past with this channel testing resistance has been followed by a sharp fall in price.
