New Highs for Bitcoin?? When??

Bitcoin has broken out from the dragon head consolidation we pointed out a few days ago. It is currently facing resistance at 38.6K, which is one of our Fibonacci levels. This is perfectly reasonable. We may see another minor correction here, but the carnage should be over. If not, we will see support at 34K or 33K. Soon, we will hit 41K meeting highs again. The next target after that is 44K, which could be hit as early as this week.