BTC, by sheer power of will broke out of the rising wedge, and now is extremely bullish. We see 12345 impulse forming and could get targets to 16660 using a 1 to 1 Fibonacci Extension after a brief correction to the 0.382 Fibonacci Retracement Level, which is 13540. It will likely retrace to the 0.382 level since wave 2 retraced to the 0.618 and the correction usually alternative in intensity due to Elliot Wave Rules. The bearish divergencing RSI is also pointing to a correction.
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