BTCUSD
On the CME futures chart of Bitcoin, we can see that there are 3 unfilled GAPS, www.investopedia.com/terms/g/gap.asp . Statistically almost all GAPS get filled, meaning the price must come back to fill the open space. It is not 100%, but probably like 80% or 90% of the times GAPS get filled.
Ever since the December 18, 2019 lows of Bitcoin of around $6,400 USD, we have 3 unfilled GAPS, the most recent one lies at $9,120 USD, the next one at $8,540 USD, and the last one at $7,675 USD.
For all the GAPS to get filled, the price of Bitcon and the CME futures on Bitcoin will need to go down to at least $7,675 USD. There are no guaranties that this will happen. Just a statistical probability of more than 80%.
Coincidentally, the 61.8% Fibonacci Retracement of the entire up move lies at $7,635 USD, a level where, if Bitcoin drops to, would close all the open GAPS.
Another thing to consider is time, the entire up move, if it is already finished, took 41.5 days to be completed. Meaning the corrective down move could take as long as the up move. Meaning it could last until the beginning of March.
This is not a prediction, just an observation and something to keep an eye on.
Good Luck to You