Bitcoin Showing Possible Retest of Short Term Highs and Above

Bitcoin on the 1D chart has been trading in an upword channel and has had a break of the symmetrical wedge. It looks to me like we will retest the short term highs soon but it may not be a straight shot. I would not be surprised to see a retest of the 12000 level before attempting to break above, perhaps around the 18th of July. From there I would expect us to hit the 16200 level, a fib extension.

RSI is above 50 = Bullish
SMI Ergodic Indicator Showing Bullish Cross = Bullish
Parabolic SAR buy signal = Bullish