XBTEUR: Update and potential weekly target

In this chart I examine the trend since BTCEUR bottomed after the Bitfinex hack induced correction. The weekly chart reveals an uptrend time and price target that can guide us in the coming weeks. It appears like we can reach a peak in sentiment and consolidate or get a correction after we reach this zone in the next 2 weeks.
The daily chart will guide us in the next few days, keep an eye on sentiment and news stories related to $BTC.

Best of luck,

Ivan Labrie.

Disclaimer: I'm holding longs in BTC among other cryptocurrencies.