I expect the current uptrend to be continued to first 10K9 USD (Coinbase) and after 12K5 (Coinbase).
My wave count shows end of WAVE 5 of current impulse wave, therefore an ABC correction to .382 fib level of the previous run after which it will continue.
@EspressoDopio, Hello, If you take start point of the run (5917) to endpoint of the run WAVE 5 (9994) then you find take fib retracement level .382 which is the bottom of the C WAVE.
If you check historically these steps, you'll notice that BTC likes to retrace to fib level .382 after which to resume the run. Hope that helps?
@YannickVidal, It will correct there because these are the fib projection targets, and the 12.k5 one co-insights with the decreasing trend line
This will be interesting to see what happens there and what the market decides. ;-)