Looking at Bitcoins price action, we can see that it has been steadily increasing from its low in the 6000's just recently. Taking the bullish rally of the last few days into consideration, we can see that price has broken past Thursdays highs in last nights Asian session and stayed far away from yesterdays lows since then. We are now waiting for a definite and clear swing high either today or sometimes next week so we can expect a most definite, either shallow or deep retracement. The Fib will measure move once SWH is established.