General Tone:
We see a bull break well above $7,250. Bulls have regained control for the time being. We break out of the major resistance formed since December 17. Based on fib extensions, the next possible wave 5 target is $8,230.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
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