Over the weekend, the bulls broke down and formed a Head & Shoulder formation. backs this up. Will probably retrace back down to 8k or lower.
Also, I think this is a regular correction BTC is going through. My original Elliot wave correction had it down as low as $8200 in the ABCDE Triangle correction wave, still waiting for E wave to play-out. My next target is BTC will go as high as $32,000 later in the year.