Easy solutions sometimes are the best :-) In the linear chart Bitcoin is breaking up from downtrend resistance. There is still some room to grow in logarithmic scale. According to my previous ideas we are in ABC correction cycle after impulsive 5 dowtrend wave. There are some resistance on the way to 13k (not drawn on my chart) but there shouldn't be much problem to go up if we break out harder in a couple of hours.
