It was a descending wedge pattern the last month. According to the Fibonacci chart, $5800 was the absolute lowest level, then the retrace to $6800, back down to $6300, and now over $7300!! This is huge news. It’s breaking out right now, but we need to see a push to $8000 and big things will happen. If it goes back to $6000 or below again, we could see $3800 again, and everyone would be in trouble.