End of falling wedge. Target @ 8670

End of falling wedge. Target @ 8670
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
stiucsib86

If a breakout formed at the end of the current falling wedge , we might actually see the formation of Elliott Wave 4th count at about 8670 @ 0.5 Fibonacci level. Which might follow with a drop to 5th count @ 0.618 Fib.