The current upmove did not yet reach the target of 9000. However, is it already exhausted? Right now, the market price of BTCUSD is undecided and fluctuating around .
This chart with day candles is an overview, some kind of an aerial photo of a landscape. We can see that the current up move is a correction and not a new trend. As long as BTCUSD remains below the brown, bold dashed trendline, the downtrend is effective.
If the trendline can be broken, Bitcoin market price will soar up to new heights.