The segwit lock-in is approaching on August 8th and as the date approaches will surely attract more investors as it gives more trust in the original bitcoin
also with the Bcash failure. On the TA part there is a very strong bullish
formation on the hourly chart as you can see above. Fibonacci next level is at around $3680. If we succeed to pass that level we may see bitcoin
touch the $5k milestone
probably this August or until mid-September.
Anyway long term I am extremely bullish
with the bitcoin
rate of adoption rising each month!