Right now BTC/USD seems to be bouncing back up after a 40+ percent consolidation. The recent good news by US government officials signifies that the transition from "centralized" fiat into the "decentralized" digital block-chain is being looked upon favorably. The W pattern is becoming easier to notice and therefore attempts to react to the market will fare better.
Could this be the short term bullish break-out to 13,500 and beyond . . .