Bull run comparison with 2015-16. Consolidation phases.

Here's an idea. One certainty we know is the high of 2017 like the high of 2013. The other certainty we can gauge using Fibonacci retracements. I have used the low of the week the blue MACD line turned positive. The reasoning being that price retreats when it around the first retracement level, and consolidates before the next move up to 50% when it consolidates again. Try it the 2013 high. NOT ADVICE. DYOR.

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I think the above should read "The other certainty we can gauge using MACD" and not "The other certainty we can gauge using Fibonacci retracements".

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Here's better all details on chart

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Bitcoin poised for breakout. How far will it go. All details on chart

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Update. Based on last three A B C breakouts $8,900 was lowest target. Now got to see whether we'll also get the 1;2 pattern i.e. will June exceed high of May. Not impossible. Keep eye on 7 Month MA, & c. $5,690 for pullback like A B C. NOT ADVICE. DYOR.