SUMMARY
It's always pretty cool when you see price take the pathway as captured by your forward discernment. Bitcoin (BTC) is completing a consolidation pattern via an a,b,c,d,e trianglel. The chart below displays that waves a,b,c and d are complete per my mid-day update and now price is well into completing the e wave.
I believe that overnight, price could easily breach out and above this triangle pattern and start putting in the impulse waves of white wave 1 of circled white v of circled blue 5 of white iii. Thus, we could see $7,542 during overnight price action.
The below chart is that of the MACD indicator at daily scale. A higher high has been attained and this is bullish. I believe it is probable that MACD will touch the upper mauroon colored trend line. It is from current level to that target which will boost support the higher prices.
--

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - d2e60e9856c36f34
BTC Wallet - 15ugC4U4k3qsxEXT5YF7ukz3pjtnw2im8B
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LefeWrQXumis3MzrsvxHWzpNBAAFDQbB66

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**