I don't think $12000 is in order unless we see something like the EURO and USD crashing. OR QE goes out of control with 5 trillion more printed.
Timing seems right and I am doing various charts on that.
This one I did way back when over 86 days ago. Played nicely into my lower target.
There there is this one
Which has the peak around summer time.
A few things to remember. Up trends happen much swifter than down trends. I have seen this time and time again across various stocks etc. Technical rules the first part of the up movements. We won't know for sure until close along what caused the trend. Like in all trends the prices don't always test the very top. Seen that time and time again as well where it may just hover lower. Anyways I was cooking up a chart about the next bubble.