The break-out try begining of march can be booked as failed (X). Retest of the lower seems to be ongoing (A).
What I expect:
...is a successful retest (A) with a more or less direct reaction (B). This should directly pierce through the upper line of the back towards higher grounds (Target: 10k to 12k).
Let's assume this happens (and it happens quite fast) then one possibility would be a walk through in direction of it's ATH_ (B').
But for now we'll first wait to see if we get the retest (A)...
(I guess that the MtGox sellings being one if not the main reason for the last 3 months correction opens up the way for the bulls now...)
(youtube report from RoadtoRoota - Bix Weir)
I am Closing this Idea.