BTC Rising Wedge

Broke to the downside with a target of $3740
thepatternsite.com/risewedge.html

Comment:

If we hit (2) 0.618 fib possible bull targets?
Wave 1 3215 4384
Wave 2 4384 3662
Wave 3 3662 5553
Wave 4 5553 5107
Wave 5 5107 6276
Wave A 6276 5829
Wave B 5829 6105
Wave C 6105 5658

Comment:

Target achieved ~ question is now where?
Upthrust using similar targets as above.
Repeat of $6K pattern.
Or another leg down.
Guess you could say in a state of impasse!