For a while I've been pretty consistent with the idea that there was a mid term symmetrical triangle forming on BTC. For a while it was dragging near the bottom of the triangle as it approached the end. However, buying power over the past couple of days have given BTC a massive kick. Volume is looking a lot stronger and although the Stoch is moving into overbought territory, there should be enough buy volume to help BTC along. If it breaks the next fib level at 8250ish, and finds support there, it is looking a lot more likely to break upwards from the triangle and go on a summer run, where I'd be targeting the previous ATH.