Bitcoin BTC April 13 Technical Analysis - A Breakout above $8,087 will target $8,250-$8,500 Range

General Tone:
We see BTC reach an impressive $9.1 billion 24 HR volume that hasn't been seen since Feb 21st. The volume must be respected, which signals massive interest from the public. There are two cases that I see.
Case 1) We break above $8,087 to target $8,250-$8,500
Case 2) We correct to a support level for subwave 4 correction before heading to $8,500
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bullish
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019

We see BTC's 24 hour volume at $9.1 billion. The last time we've reached this was Feb 7/8 range, during the last downtrend to the $6K range. This shows general interest from the public and there could be a strong will to support the $6K ranges. The question is this the beginning of the next bull cycle?

If this is near the end of the bear market, then this is the bull scenario elliot wave count:

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