Here's how I see it: the $10k support held well yesterday, and I think we'll see $12k by the end of the week. If this band holds as support over the next 24h, the chances of a run to $12k increase substantially.
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The movement looks threewave-ish, so I doubt that. But if you are right, 12000 will be breached tomorrow, which would mean that the downtrend is already over now. I am turning extremely bullish over 12k.