May not be quite this dramatic, but either way the bottom line is 618 of the whole move is within striking distance, confluent with current range high.
I believe there will be a violent thrust up from current juncture ~range mid, perhaps before this weekend.
It's likely tagging the 618, and from there, perhaps because we still have so much runway into ETF, it can start closing above and begin to trend higher to 50k. In this way, it will leave the range in a similar manner to how it entered the range in early November (nature loves symmetry).
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