In mid May price corrected to the golden ratio of 61.8 before the bulls continued on their way up. Due to the recent explosion on price I believe the bears will be in control in the short term until hitting the RLZ (reload zone) or at least the golden ratio as seen before. Once hitting said level I expect the bulls to regain control. I also believe we may be trading within the pitchfork since mid May. Eventually (could be months?) I expect price to break out of the pitchfork and go parabolic, but only time will tell. I expect many people to be buying at the golden ratio/RLZ which happens to be a BFRN (Big Fat Round Number) of 10,000 USD.