BTC - Bullish Ascending channel - Target 160K Bitcoin / U.S. dollarBITSTAMP:BTCUSDmycotoxin Monthly shows BTC is in a Bullish Ascending channel confirmed by the higher highs and higher highs and the resistance/Support bands at the sides of the channel. The expected behavior should be a move to the top of the channel. The target for the move upwards should lie between the 150k to 160K zone . Note: should BTC fall out of the Ascending channel then this will indicate a possible shorterm drop to the 76K area of support before a recovery back upwards .