• I was charting BTC today, and noticed on the dailtly chart, that it has been making higher lows with rejection candles, within a bull pennant. So, after pulling out my crystal ball, it became apparent to me that BTC could be heading to a resistance zone at $64.7K.

Once (if) it reaches that grey resistance zone, I would expect some chop. However, BTC has proven to march to the beat of its own drum in the past. So it might just blow right through it. 

The Visa news last week is yet more favorable news for the world's first cryptocurrency.

Anyway, once (if) it gets through my grey resistance zone shown in the pic above, I think it will move on to my target price of $71.5K.

All of this could happen within the next week or two.

Of course, this is all just my opinion. I am not a financial adviser, and you should ALWAYS do your own research before making any investment or trading decision.