Bitcoin Price tested 11.200 USD resistance level and this time price seems to over this resistance. Leading diagonal formation seens On the 240 Minute chart. 

The emergence of leading diagonal at the beginning of the trend signals the strengthening of the trend.

According to Elliott Theory the rising impulse is progressing by dividing the wave. 

![bit.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1520066307/otg6nygxwyd8meb9tm8i.png)

According to the formation seen in the graph, we can expect the rising trend to continue as much as  length of the previous rise. Then we can expect 13000 usd target price

![bit2.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1520066609/ut0nm44w1425dhwlktug.png)

According to Elliott Theory we can see next movement trend as the chart below 

![bit3.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1520066885/dyvn1wsladolle3bmrer.png)


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