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BTC Long from 13650 to 16666

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BITFINEX:BTCUSD   比特币
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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