Next important price area is the $13-$15k price level, upper range of the silver pattern.
If that breaks to the upside, then it becomes more likely that the Gold pattern shows the road to take: next stop $15-$17k area.
For the next couple of days/weeks, I expect a sideways movement, and I'm looking for opportunities to trade the 10k - 15k trading zone. If the patterns (Gold or Silver) keep aligning, then I will go overweight cryptos during the summer 2018 or if BTC reaches $5.000-$8.000 area, whatever comes first. A break above $17.000 is a warning the bearish patterns of Gold and Silver lose validity. A break to new all time highs and these patterns have done their work, but game over.
