Following Friday's anticipation that the Chinese Authorities would ban trading Bitcoin against the Chinese Yuan, Bitcoin registered a great loss, and could register further loss during this week. However, I expect the bitcoin to pick an upward momentum upon reaching the lows of 3974.43, or around 3590.3. Since this ban actually failed to mature, I expect the Bitcoin to recover very soon from the previous week's massive loss. From the lows or 3974.43, I expect a shart rise towards 4800.00 and could rise even higher to 5000. On the way upwards, key lines to look for include 4855, 5000, and 7000. Bitcoin could hit 15000 buy the close of the next two years.