After a long consolidation in the triangle, we broke the resistance with high momentum. BITFINEX:BTCUSD Just last week i wrote the following in my BTC Analysis.
Just keep in mind that another detour to 11500$ is still possible but very unlikely, i will keep this alternative on the chart until Wave 3 starts!
Because of this possible detour i didn't went short in BTC, my patience did pay off! I expect the market to trade upwards or sideways until we start the final Wave C to 8300$. But if we should trade above 12000$ the chance of a rise to 13500$ is very very high.