Short term target $17000.
I will then sell and wait, watching closely.
The bloodbath would be devastating. Then followed by a massive rally like we have not seen yet.
From $6000 to $50,000 in one year!!!
We will now be testing that neckline over the next couple of days which also happens to be our 50% Fib retrace.
I have been expecting an 80%+ correction soon.
This could be it if that neckline breaks before mid-Jan.
Short term target still 16.6k if hits that soon before the new year. Then sell.
Jan 10th re-buy target 8k.