So, our riddle is resolved relatively fast, which mostly confirms our doubts on upside perspective that we talk about in recent month. Now, we're watching for butterfly with 9K destination point and challenging of recent lows. As recent downside action perfectly corresponds to idea of H&S pattern failure and erasing of upside 15.3K upside scenario, it is simultaneously confirms scenario with retracement to 7500K area within few weeks.
9K lows are important for BTC. Breaking through them will erase weekly bullish pattern and provides final confirmation of our daily large AB=CD pattern.