In the last few weeks bitcoin gave me a very hard time, but with the breakout above 12000$ this uncertainty came to an end. The long forecasted drop to 8200$ will have to wait, the big ABC correction will follow after this bullrun to 13500$! The complete elliot wave structure since the bottom @9890$ can be seen on the chart.
Right now i am forecasting a slight correction (Wave 4) to approximately 11800$-11500$!
When the time will be right i will announce a long entry and we all can gain the last 10%-15% of this uptrend.