Simple TA - BTC Chart 08122017

Where will we end up, nobody knows. If you got in under $3600, hold tight and let us know how the air is up there. Haven't gotten around to checking out BTC, so maybe that's where the rest of us humans can jump in. Definitely expect a bit of a slide within the next few days as some nervous traders cash in.

There is precedent for a sizeable retrace similar to the early part of the channel I've drawn, so still watch out for that. I'd do Fibo levels and some Japanese cloud analysis, but I'm hoping to keep this all simple for now.