I think this may have merit now that I look at it again. I was ignoring the previous highs with a tighter channel, but this new spike with huge volume makes me think otherwise. Especially as BTC heading bearish and people wanting to move into safer/other coins with more upside.
I thnk its possible, and i think it will be sooner than you show. Bitcoin is all over the media right now. People want to get in, but they dont want to pay 16k for a coin! the money will flow to the coins that have solid platforms and are still reasonably priced. ETH,LTC,XMR,DASH( kinda) Thats the US dollars atleast.