$btc ready to break out towards $9.5k

First upwards wave shows 5 waves and was approx $1.5k.

This wave is retraced for 61.8% and price development seems ready for the next wave up. Assuming it will have a wave length of around 1.618 of the first wave it should at least reach $9.5k.

If the price breaks out downwards this picture will be invalid directly.

Comment:

That was quick ...